Zoom is up in the second quarter

Zoom Video Communications has released a positive set of financial results for the second quarter ended 31 July, 2024.

Total revenue was $1.16 billion, up 2.1% year-over-year as reported, and 2.4% in constant currency.

Enterprise revenue was $682.8 million, up 3.5% year-over-year.

The second quarter GAAP operating margin was 17.4%. Operating cash flow was $449.3 million, up 33.7%.

GAAP net income was $219m, or $0.70 per share, compared to GAAP net income of $182m, or $0.59 per share, last time.