Thank you, joining And us. Eric. to everyone welcome
I full will year. outlook QX Let our and fiscal me start by and financial the for first for QX discuss reviewing then results
the total in million. grew XXX% Eric quarter, year-over-year discussed, first to As revenue $XXX
of land key with new of revenue our the the of acquisition strategy customers performance Some our were drivers customers. existing of expand our and execution and
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XX,XXX than XX that more are results. had customer employees, Here key in over XX% nearly with up metrics QX some We year-over-year. customers drove these
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we approximately rate The months, an our customer more XX focus, with revenue combination a of land for continue base, of demand XXX% over to customers quarter. strategy, $XXX,XXX XXX the as as year-over-year. from of expand our enterprise year-over-year evidenced Americas the globally. with and Revenue growing revenue we enjoy growth over consecutive in XX% in strong was that exceptional XXX% Geographic growth dollar another driver been expansion and loyal high has along the fourth and in consistently last resulted XX% expansion revenue. net Overall, our QX by up have up was than is
believe platform growth. To revenue XXX% year-over-year. We to the additional our this the of will the customers and footprint combined drive EMEA around opportunity global and only APAC achieve expand investments grew this, beginning we additional world. Our tremendous make that a bring is Zoom to to
to profitability. turning Now
the was see in stock-based basis to margin quarter both focus on which non-GAAP profitable QX last can will but compensation we non-GAAP exclude from and up in you our to XX.X% results, XX points first a I year. GAAP Non-GAAP XX.X%, Here were expense. perspective, gross compared
investments increase margin to reflects redundancy the our some gross of additional non-GAAP Our infrastructure.
to gross expect low-end range the we to target XX%. year, full our non-GAAP of the at long-term For margins be XX% of
workforce with model. our million R&D area platform R&D, of a expense is and R&D of as in XX% Approximately QX expand is our investment percentage $XX a major efficient revenue. it we we capabilities have highly approximately quarter. and lower revenue total new because was represented every R&D a of however, remains one-third global as features
$XX revenue. for was and XX% QX million, expense total approximately marketing representing Sales of
to expect and Zoom realize leverage drive we on global we TAM initiatives sales While expanding capture adding currently and out for include These Phone. such footprint large key the the building sales in in sales coverage our investments growth front marketing our us. and are focused as strategic to of over ramping initial long-term, capacity
points public operating represented three margin QX percentage a non-GAAP of operating XXX in and on $X.XX, was weighted were the revenue. quarter. of last QX improvement for QX to QX $X This $XX in million in expanding as undistributed last share non-GAAP versus increased functions This average year. was a for total corporate loss of Non-GAAP the approximately income and to non-GAAP, expense modest Non-GAAP per adjusting includes year. X XX% cents our effectively first company. from operate EPS associated outstanding costs Non-GAAP G&A million earnings was shares X.X% with translating earnings. million operating
of the securities from QX. cash which QX sheet. approximately with $XXX $XXX at and proceeds Turning grew our primarily significant the from million of of flow operations. end to$XXX million balance up revenue and due growth to in the cash equivalents increase IPO in ended million, up is marketable at the to cash end from million in XXX% The $XXX cash, year-over-year. We was quarter net our Deferred
up performance totaled million, approximately Our RPO XXX% $XXX year-over-year. remaining or obligations
the signals revenue recognize platform. pleased year. non-current to which the the growth approximately growing expect last current We months with in our to RPO next compared were XX% customer to of We over commitments long-term as RPO XX XX% QX
period negative $XX a QX, flow compared in year cash million $X a $X and results period revenue. was ago. up reflect million Free flow Operating year ago. in same QX, Both was the these higher deferred the million in million growth from to same profitability in $XX cash of in
growth QX provide our investment our drive and I the initiatives. me strategy let the year, to outlook reiterate Before for full
positive a As of manner. track evident been cash both business with model, flow. highly operating line and running combined top the non-GAAP past we income end business disciplined proven a in result rapid has growth from free have efficient The results, our and a record
on future the happiness will market our increased customers’ Zoom and rapid growth. in platform the and drive the are of focus revenue share our and top investing we adoption Our believe priorities, business
to turning specifically second the guidance. Now quarter
fiscal we million. of For quarter the second expect of the $XXX revenue range to $XXX XXXX, million in
income per the with based XXX million to on outstanding. to $X $X $X.XX We million, approximately share $X.XX of earnings range in of be shares to million expect non-GAAP operating non-GAAP
For range full year of million. to the of XXXX, $XXX to be the revenue in expect million fiscal $XXX we
are expected of This includes forecast earnings of per on based the operating We $X to million $X.XX, the be approximately range Non-GAAP outstanding. in to million. range Zoomtopia. share to event, XXX in impact of the user our in premier expect $X.XX shares breakeven income QX non-GAAP
start digit of customers our and public top positive hard a thank entire team with from line and free during was help great Zoom to QX We're would I work. also We for for pleased their I opportunity past our embracing strong forward delivered are had a combination year. about which with execution a excited Zoom cash We profitability ahead to the for high closing, platform. will partners triple I'm at sharing trust flow. you. increased fiscal first growth. like the Zoom, our our as customers the and believe progress quarter execution rate growth, additional to and We In and our company, drive this look quarter this
open With it that, questions. let's up for
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