Last Updated:
First Published:
Videoconferencing platform Zoom Video Communications Inc. on Monday offered up third-quarter results and an outlook that came in above Wall Street’s expectations, helped by growth in its key segment geared toward businesses.
The company reported third-quarter net income of $207.1 million, or 66 cents a share, compared with $141.2 million, or 45 cents a share, in the same quarter last year. Adjusted for stock-based compensation, taxes and other costs, Zoom
ZM earned $1.38 a share.
