joining everyone Eric, us today. and welcome to you, Thank
financial reviewing and QX. first by And discuss will then start fiscal results me for full the our QX outlook I year. Let for
quarter, our free result exceeded broadly was of geographies and on positive platform. very the million. across to cash top second had line well quarter, execution for the profitability demand our a environment guidance last Zoom $XXX represented This offerings. and our strong a This in major year-over-year XX% in executed grew revenue high-end we and impact flow. range the Similar Total to
Key Zoom’s footprint existing drivers of of our within revenue of and new expansion both customers. our performance included acquisition customers
approximately XX% of customers new revenue subscription for growth our to year-over-year customers. accounted due purchases the while was existing in XX% Specifically, from additional remaining
year-over-year. some metrics number exited key quarter. a a than customer are We employees, quarter from with up record XX,XXX more additions XX customer in customers new of Here QX. over the with is XX% This
One of Financial is sector. our verticals Services key the
with experiencing with and our success HSBC, share like this are along The Moody's in strategy, XXX% in resulted than combination more in I over with up that months, expand is revenue QX. year-over-year. this you am in with firms and Stanley Zoom XXX up-market continued segment customers strong XX pleased ending to of the Morgan QX we becoming focus, our land $XXX,XXX customers with last
to trust X,XXX Zoom then stores. video last Zoom, with replace and to in organization. with a expansion expansion also This Zoom licenses dollar deployed as luxury quarter quickly brand. relationship conferencing One a they year their in are corporate was led offices customers invited XXX% This Zoom their to that to the consecutive us provider. service products solution was legacy over Xth users a a their for customer net their and rate significant adding Because meetings modern example phone more more the began provide large within and approximately for of their deploying
Zoom the when is and upsell The They After their call benefits of chat Phone important in they also organization. meetings, and the phone win exciting an build stores ease and of already to and XXXX They in soon Zoom world XXX early retail it cited selected unified for cost customers a platform QX. customer their happy trust. out to rest their roll potential the Zoom licenses existing begun comprehensive us X,XXX Zoom as starting of rollout Phone you domestic to savings, of evaluation, have thereafter. make within the and organization. This quality, demonstrates use, plans to technologies Phone
of of EMEA revenue XXX% and and Americas another Revenue and APAC a QX, This the to growth up grew XX% of our and succeeding. to internationally. approximately revenue represented strategic investments driver combined is from that expansion revenue. continue In high XX% our are evidence customer was strong XX% year-over-year growth are approximately we footprint our our as revenue. expand global growth wins revenue Geographic represented year-over-year deliver
turning profitability. to Now
Here XX.X% quarter. in see in I was equity and you gross can share-based which both we perspective, XX.X%, focus expense, non-GAAP our but from will compared second results, compensation were and to GAAP Non-GAAP related last year and QX quarter non-GAAP taxes. margin the profitable of on XX.X% exclude stock-based a
non-GAAP target of we of long-term XX% to to full-year, the support margin we XX% scale as gross to range For expect in infrastructure growth. continue to be our the our our
QX R&D up million, expense approximately basis. in was year-over-year a on $XX XX%
platform and QX innovating in the of million million. drive expect reflects year marketing returning continue XX% We for investments invest to or our initiatives and This range last see long-term with to XX% expense increase of view. to with in to over consistent to R&D was is Sales $XX revenue our further an which XX% $XX of growth.
was total have as As of we a year marketing. efficiency Marketing percent in some Sales last lower than QX seen XX%, gains revenue, and
up invest Looking international especially this market in drive area forward, continue expect we growth. and to to to
traded This for as represents of G&A translating total $XX XXX second expense company. margin continued an our operating to in of operating represented to was revenue. a quarter. investment was million year. our was and basis XX% $XX Non-GAAP result QX a non-GAAP This improvement XX.X% support status points to million of QX income the publicly compared as last
higher weighted outperformance of $X.XX, QX per and higher approximately share earnings earnings. quarter. non-GAAP, last the undistributed than of adjusting for $X.XX million the is end in of on the average $X.XX our was than result QX in to XXX due high outstanding and Non-GAAP shares year guidance This
was the year-over-year. ended cash, sheet. $XXX revenue and end $XXX million of QX the Now marketable balance the securities. to We million, up XXX% turning approximately at cash equivalents Deferred with in quarter
Looking unbilled billed approximately contracts, our last performance and year. remaining RPO, obligations, $XXX XXX% $XXX or totaled at up our million from million, both
revenue or customers. $XXX in longer market compared last $XXX RPO of the as in shift to next This non-current we up being of We percentage million the XX% succeed contract RPO lengths XX QX million a approximately recognize or as larger total XX% expect to with to months as year. over represents
strong was $X the are million from collections. from year in cash million $XX same same Free period cash QX, the deferred the in due million flow profitability, ago. a revenue a up up $XX these million in our in year-ago. results QX, growth in and higher flow Operating of period was $XX Both to
contributions of and In purchase our to contributions Stock flow expect addition, our benefit made to Purchase We would will with related ESPP to also to cash be Plan. operating had QX. in scale approximately $X a we employee Employee headcount first these million
QX from contributions benefits for see we QX forward net in QX expect QX. outflows purchases and Going to in and and
guidance. to turning Now
view to the current the pleased the gain to environment, our QX for further in full-year on increasing FYXX. be are the achieved our momentum We of first outlook and market and share we of half based our economic ability
For to range of $XXX revenue the be million we in million. $XXX the third quarter, expect to
take in to event, our which We includes premier the place of $X expect million be the user impact range will non-GAAP QX. operating $X to million. Zoomtopia income forecast of in This
$X.XX outstanding. Our shares outlook approximately per for based non-GAAP is on share earnings million XXX
our of For million, the the $XXX to 'XX, in guidance $XXX revenue $XXX range to be of million now expect to million. year we million full fiscal from $XXX up prior
in income quarters operating all year. of the four non-GAAP positive generate to expect We fiscal
operating For $XX non-GAAP range in to $XX from expected be million of $X of prior is breakeven to million. million, full-year up the income guidance to the our
$X.XX full-year outstanding. fiscal per earnings to on deliver expect We million to in non-GAAP XXX the of 'XX, for the range $X.XX based share shares approximately
fact we QX, opportunity aggressively This in share the in investing to our reflects business. combined focused seen the market meaningful expand We and profitability we continue that happiness delivering believe on our the remain customers. to with have the
We further drive QX business and that our long-term which growth profitability, model by will results. evidenced are confident our is
first and on to focus the free quarter for another us positive strong quarter growth hard and the top would for FYXX. I fiscal profitability flow led like increased of to of QX rapid as thank the the closing, line for entire was cash work In well and for execution, our positions customers their team half year. Zoom and full
With for up questions. let's that, it open
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