Zoom (ZM) Tops Q1 EPS by 11c, Revenues Beat; Offers 2Q & FY21 EPS/Revenue Guidance Above Consensus

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Go back to Zoom (ZM) Tops Q1 EPS by 11c, Revenues Beat; Offers 2Q & FY21 EPS/Revenue Guidance Above Consensus

Zoom Reports First Quarter Results for Fiscal Year 2021

June 2, 2020 4:05 PM EDT

First quarter total revenue of $328.2 million, up 169% year-over-year Number of customers contributing more than $100,000 in TTM revenue up 90% year-over-year Approximately 265,400 customers with more than 10 employees, up 354% year-over-year

SAN JOSE, Calif., June 02, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a provider of video-first unified communications, today announced financial results for the quarter ended April 30, 2020.

We were humbled by the accelerated adoption of the Zoom platform around the globe... More