Zoom (ZM) Tops Q3 EPS by 6c; Raises Outlook

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Go back to Zoom (ZM) Tops Q3 EPS by 6c; Raises Outlook

Zoom Video Communications Reports Third Quarter Results for Fiscal Year 2020

December 5, 2019 4:06 PM EST

Third quarter total revenue of $166.6 million, up 85% year-over-yearNumber of customers contributing more than $100,000 in TTM revenue up 97% year-over-year

SAN JOSE, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a provider of video-first unified communications, today announced financial results for the quarter ended October 31, 2019.

Our third quarter was another strong performance for Zoom. Our execution helped drive revenue growth of 85% with increased non-GAAP profitability year-over-year and free cash flow of $54.7 million. This execution also drove 67%... More