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Zoom Video raises FY24 EPS view to $4.93-$4.95 from $4.63-$4.67

Consensus $4.27. Lowers FY24 revenue view to $4.506B-$4.511B from $4.52B-$4.53B, consensus $4.5B. The company said, “Total revenue is expected to be between $4.506 billion and $4.511 billion and revenue in constant currency is expected to be between $4.542 billion and $4.547 billion. Full fiscal year non-GAAP income from operations is expected to be between $1.740 billion and $1.745 billion. Full fiscal year non-GAAP diluted EPS is expected to be between $4.93 and $4.95 with approximately 308 million weighted average shares outstanding.”

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