Zoom Video Communications, Inc. (ZM) Q3 2025 Earnings Call Transcript Summary
Zoom Video Communications, Inc. (ZM) Q3 2025 Earnings Call Transcript Summary
Zoom announced expectations for year-over-year revenue growth of approximately 2.9% for the full fiscal year 2025, with non-GAAP operating income expected in the range of $1.813 billion to $1.818 billion.The following is a summary of the Zoom Video Communications, Inc. (ZM) Q3 2025 Earnings Call Transcript:
以下是zoom視頻通訊公司（ZM）2025年第三季度業績會的總結：
Financial Performance:
財務表現：
In Q3, Zoom reported year-over-year revenue growth of about 4% to $1.178 billion, reflecting a mix of strong enterprise and online performance.
Non-GAAP operating margin stood at 38.9%, while non-GAAP diluted net income per share was $1.38, above the guidance range.
Zoom announced expectations for year-over-year revenue growth of approximately 2.9% for the full fiscal year 2025, with non-GAAP operating income expected in the range of $1.813 billion to $1.818 billion.
在第三季度，Zoom報告的營業收入同比增長約4%，達到了11.78億，反映出強勁的企業和在線業務表現。
非公認會計原則下的營業利潤率爲38.9%，非公認會計原則下的攤薄淨利潤每股爲1.38美元，超過了指導區間。
Zoom預測2025財年的營業收入同比增長大約爲2.9%，預計非公認會計原則下的營業收入在18.13億到18.18億之間。
Business Progress:
業務進展：
Zoom introduced several new products and upgrades, most notably the AI-first Work Platform, signaling its transition towards an integrated AI solutions provider.
Major achievements include the growth of Workvivo and Zoom Contact Center, with a record-setting Contact Center deal for over 20,000 seats.
Zoom emphasized its commitment to AI development, mentioning significant usage increases in AI Companion products and plans for future monetized AI offerings.
Zoom推出了幾款新產品和升級，最值得注意的是以人工智能爲首的工作平台，標誌着其向綜合人工智能解決方案提供商的轉型。
主要成就包括Workvivo和Zoom聯絡中心的增長，創下了超過20,000個席位的聯絡中心交易記錄。
Zoom強調了其對人工智能發展的承諾，提到人工智能助手產品的使用量顯著增加，並計劃未來推出可盈利的人工智能產品。
Opportunities:
機會：
The introduction of AI Companion 2.0 and upcoming tailored AI solutions for industries like healthcare and education signifies Zoom's strategic pivot towards AI-enhanced offerings.
Zoom's expansion into AI and adjustable product initiatives presents opportunities for increased market penetration and customer engagement.
Growth initiatives such as Zoom Workplace for Frontline target underserved markets, leveraging existing strengths to extend market reach.
人工智能助手2.0的推出以及即將推出的針對醫療和教育等行業的定製人工智能解決方案表明，Zoom正戰略性地轉向增強人工智能的產品。
Zoom在人工智能和可調產品舉措上的擴展爲增加市場滲透率和客戶參與度提供了機會。
Zoom Workplace for Frontline等增長舉措針對未被充分服務的市場，利用現有優勢擴展市場覆蓋面。
Risks:
風險：
Ongoing investments in AI impact the gross margin, reflecting a strategic shift towards high-cost, high-reward areas.
Competitive dynamics could intensify as Zoom transitions from being a communication tool to a more comprehensive AI-first platform, potentially affecting customer acquisition and retention.
對人工智能的持續投資影響毛利率，反映出向高成本高回報領域的戰略轉變。
隨着Zoom從溝通工具轉變爲更全面的人工智能優先平台，競爭動態可能會加劇，這可能影響客戶的獲取和保留。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
