What do these results mean for Zoom’s stock outlook? Customer Metrics: At the end of Q2 2021, Zoom had approximately 370,200 customers with more than 10 employees, up roughly 458% from the same quarter last fiscal year.ĬFD trading allows you to do so without trading the underlying asset.
Zoom stock price in 2019 free#
Free cash flow was US$373.4 million, compared to US$17.1 million in the second quarter of fiscal year 2020. Cash Flow: Net cash provided by operating activities was US$401.3 million for the quarter, compared to US$31.2 million in the second quarter of fiscal year 2020.This surpassed Refinitiv analyst estimates of US$0.45. Adjusted net income and net income per share: Non-GAAP net income for the quarter was US$274.8 million, while non-GAAP net income per share came in at US$0.92.Unadjusted net income and net income (earnings) per share: GAAP net income attributable to common stockholders for the quarter was US$185.7 million, or US$0.63 per share, compared to GAAP net income attributable to common stockholders of US$5.5 million, or US$0.02 per share in Q2 fiscal 2020.Revenue: Total revenue for the quarter was US$663.5 million, up 355% year-over-year.Here are some things that stood out in the video communication tool’s second quarter results for the three months ended 31 July 2020: IG's client analysis shows that 73% of all opened positions on Zoom are currently 'long', indicating an expectation for price to increase. Shares smashed through a previous high to peak at US$478 on an intraday basis, before closing the day at US$457.63 a share on the IG platform. Zoom Video Communications' (NASDAQ: ZM) share price opened 44% higher after the company reported its Q2 financial results on Tuesday 01 September 2020.