Zoom Video Communications Inc (ZM  ) reported second-quarter earnings after the close and shares are moving higher/lower on the report. Here's a look at the key metrics and what appears to be driving the action.

Q2 Results: Zoom said second-quarter revenue increased 3.6% year-over-year to $1.14 billion, which beat the consensus estimate of $1.11 billion, according to Benzinga Pro. The communications company reported quarterly adjusted earnings of $1.34 per share, which beat analyst estimates of $1.03 per share, marking the 17th consecutive EPS beat for Zoom.

Operating cash flow came in at $336 million, up 30.6% year-over-year. Zoom ended the quarter with approximately 218,200 enterprise customers, up 6.9% year-over-year.

"Our mission of delivering limitless human connection remains core as we continue to innovate and expand our platform to help bring value and enhanced productivity to our customers with new AI features like Zoom IQ Meeting Summary and Team Chat Compose, as well as Intelligent Director," said Eric Yuan, founder and CEO of Zoom.

Outlook: Zoom said it expects third-quarter revenue to be between $1.115 billion and $1.12 billion versus estimates of $1.13 billion. The company expects third-quarter earnings to be between $1.07 and $1.09 per share versus estimates of $1.03 per share.

Full-year revenue is expected to be between $4.485 billion and $4.495 billion versus estimates of $4.48 billion. Full-year earnings are expected to be between $4.63 and $4.67 per share versus estimates of $4.30 per share.

Better-than-expected results combined with a strong earnings outlook appears to be the driving force behind Monday's after-hours move.

Management will hold a conference call to discuss these results at 5 p.m. ET.

ZM Price Action: Zoom shares were trading essentially flat for the year heading into the print. The stock was up 5.40% after hours at $70.90 at the time of publication, according to Benzinga Pro.