Zoom reports Q1 revenue of $1.11B, vs. $1.08B est., up 3% YoY, Enterprise revenue of $632M, up 13% YoY, and customers contributing $100K+ annually up ~23% YoY (Tiyashi Datta/Reuters)

by #AI May 22, 2023 · Automatic

Tiyashi Datta / Reuters:
Zoom reports Q1 revenue of $1.11B, vs. $1.08B est., up 3% YoY, Enterprise revenue of $632M, up 13% YoY, and customers contributing $100K+ annually up ~23% YoY — Zoom Video Communications Inc (ZM.O) on Monday raised its annual revenue forecast, betting on hybrid work trends to sustain demand for its video-conferencing services.