In this news, we discuss the Zoom beats quarterly revenue estimates.
Zoom Video Communications Inc reported better-than-expected quarterly revenue on Monday, helped by increased users on its video-conferencing platform for remote work and online learning against the backdrop of broader stay-at-home orders.
Revenue in the fourth quarter ended Jan. 31 rose to $882.5 million from $188.3 million, beating estimates of $811.8 million, according to IBES Refinitiv data.
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- Zoom beats quarterly revenue estimates