SAN JOSE, Calif. (AP) _ Zoom Video Communications Inc. (ZM) on Monday reported fiscal first-quarter profit of $113.6 million.

On a per-share basis, the San Jose, California-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, came to $1.03 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The video-conferencing company posted revenue of $1.07 billion in the period, which matched Street forecasts.

For the current quarter ending in August, Zoom Video expects its per-share earnings to range from 90 cents to 92 cents.

The company said it expects revenue in the range of $1.1 million to $1.12 billion for the fiscal second quarter.

Zoom Video expects full-year earnings in the range of $3.70 to $3.77 per share, with revenue ranging from $4.53 billion to $4.55 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZM at https://www.zacks.com/ap/ZM

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