Zoom Q1 Earnings Beat and Guidance Raise

Zoom reported Q1 adjusted EPS $1.55 beating consensus $1.42 and revenue $1.24B, up 5.5% YoY.
Enterprise revenue rose 7.2% YoY to $755.7M and net dollar expansion improved to 99% from 98% prior quarter.
Zoom forecast Q2 adjusted EPS $1.45‑$1.47, revenue $1.265‑$1.270B; FY2027 EPS $5.96‑$6.00, revenue $5.08‑$5.09B, both above consensus.
Board approved additional $1.0B share repurchase, free cash flow rose to $500.5M, up from $463.4M YoY.