posted their standard 1.5%-2% topline beat but it was profitability and FCF that really exceeded expectations. Sales climbed by 3% YoY to $1.14 billion, edging past expectations by 1.6%. The FCF margin hit 40%, translating to $453 million, bolstered by efficient collections, reductions in opex, and the interest income from their substantial $6.5 billion cash and securities holdings.
$ZM 3Q Results
$ZM 3Q Results
$ZM 3Q Results
posted their standard 1.5%-2% topline beat but it was profitability and FCF that really exceeded expectations. Sales climbed by 3% YoY to $1.14 billion, edging past expectations by 1.6%. The FCF margin hit 40%, translating to $453 million, bolstered by efficient collections, reductions in opex, and the interest income from their substantial $6.5 billion cash and securities holdings.