Zoom Video Communications Reports Third Quarter Results for Fiscal Year 2020

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

December 5, 2019 4:10 PM EST

Zoom (NASDAQ: ZM) reported Q3 EPS of $0.09, $0.06 better than the analyst estimate of $0.03. Revenue for the quarter came in at $166.6 million versus the consensus estimate of $154.86 million.

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... More