Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system that provides secure call routing, call queuing, call detail reports, call recording, call quality monitoring, voicemail, switch to video, and other services, as well as inbound and outbound calling services; and Zoom Chat enables to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices for meeting and phone customers. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Video Webinars to provide video presentations to large audiences from many devices; and Zoom Hardware-as-a-Service allows users to access video communication technology with subscription options for phone and meeting room hardware. The company offers Zoom for Developers to integrate its video, phone, chat, and content sharing into other applications, as well as manages Zoom accounts; Zoom App Marketplace enhance developers to publish their apps; OnZoom, a platform for users to create, host, and monetize online events; and Zoom Apps to access from Zoom Meetings and the Zoom Desktop client to facilitate collaboration and engagement during meetings. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.
IPO Year: 2019
Exchange: NASDAQ
Website: zoom.us
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/18/2024 | $75.00 | Neutral → Buy | Rosenblatt |
3/19/2024 | $70.00 | Hold | Jefferies |
1/18/2024 | $60.00 | Neutral → Underperform | Exane BNP Paribas |
12/20/2023 | $70.00 | Equal Weight → Underweight | Wells Fargo |
11/17/2023 | $66.00 | Sell → Neutral | Citigroup |
9/15/2023 | $83.00 | Buy | HSBC Securities |
5/23/2023 | $85.00 | Underperform → Market Perform | MoffettNathanson |
3/24/2023 | $75.00 | Neutral | Rosenblatt |
1/23/2023 | $100.00 → $75.00 | Buy → Neutral | MKM Partners |
12/15/2022 | $80.00 | Neutral | Wedbush |
8-K - Zoom Video Communications, Inc. (0001585521) (Filer)
10-Q - Zoom Video Communications, Inc. (0001585521) (Filer)
8-K - Zoom Video Communications, Inc. (0001585521) (Filer)
N-PX - Zoom Video Communications, Inc. (0001585521) (Filer)
13F-HR - Zoom Video Communications, Inc. (0001585521) (Filer)
144 - Zoom Video Communications, Inc. (0001585521) (Subject)
8-K - Zoom Video Communications, Inc. (0001585521) (Filer)
144 - Zoom Video Communications, Inc. (0001585521) (Subject)
10-Q - Zoom Video Communications, Inc. (0001585521) (Filer)
8-K - Zoom Video Communications, Inc. (0001585521) (Filer)
Rosenblatt upgraded Zoom Video from Neutral to Buy and set a new price target of $75.00
Jefferies initiated coverage of Zoom Video with a rating of Hold and set a new price target of $70.00
Exane BNP Paribas downgraded Zoom Video from Neutral to Underperform and set a new price target of $60.00
Wells Fargo downgraded Zoom Video from Equal Weight to Underweight and set a new price target of $70.00
Citigroup upgraded Zoom Video from Sell to Neutral and set a new price target of $66.00
HSBC Securities initiated coverage of Zoom Video with a rating of Buy and set a new price target of $83.00
MoffettNathanson upgraded Zoom Video from Underperform to Market Perform and set a new price target of $85.00
Rosenblatt initiated coverage of Zoom Video with a rating of Neutral and set a new price target of $75.00
MKM Partners downgraded Zoom Video from Buy to Neutral and set a new price target of $75.00 from $100.00 previously
Wedbush initiated coverage of Zoom Video with a rating of Neutral and set a new price target of $80.00
SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Mike Fenger, vice president Worldwide Sales, Apple, as an independent director on Zoom's Board of Directors effective immediately. "Zoom plays an important role connecting people around the world, and I'm excited to join the Board and contribute to its future success," said Mike Fenger, vice president Worldwide Sales, Apple. "Eric Yuan has built a great team and the company's dedication to driving innovative technology is inspiring. I'm really looking forward to working with them." "On behalf of Zoom's Board of Directors, I am thrilled to welcome Mike to the
Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currencySecond quarter Enterprise revenue of $682.8 million, up 3.5% year over yearSecond quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2%Second quarter operating cash flow of $449.3 million, up 33.7% year over yearRepurchased approximately 4.8 million shares of common stock in Q2 SAN JOSE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2024. "In Q2, we outperformed our guidance across the board and grew operating cash flow and free c
SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Today Zoom Video Communications, Inc. (NASDAQ:ZM) announced the launch of its new single-use webinar offering, which can host up to 1 million attendees. In addition to its monthly and annual webinar subscription options, Zoom now offers a range of single-use webinar options to accommodate larger event sizes. Customers can now choose webinars for 10K, 50K, 100K, 250K, 500K, and 1M attendee capacities. Each single-use webinar package includes support from Zoom's Event Services team to ensure hosts deliver a professional, engaging experience. "Zoom's expanded capacity webinar offering is revolutionizing the way organizations can seamlessly
Optimize collaboration across Zoom Workplace with next-gen Zoom Docs; transform content from Zoom Meetings into actionable documents with AI Companion Zoom Docs' AI-first customizable design easily adapts to team and project needs, including documents, wikis, and tables, providing a single place to manage work SAN JOSE, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced the rollout of Zoom Docs, its AI-first collaborative docs solution, starting today. Zoom Docs is powered by Zoom AI Companion, the company's generative AI assistant available at no additional cost*, to help drive productivity and seamless collaboration throughout Zoom Workplace.
SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) today announced it will release its financial results for the second quarter of fiscal year 2025 on Wednesday, August 21, 2024, after the market closes. A live Zoom Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom's investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom's mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom's open collaboration platform with AI Companion empowers teams to be
Zoom hosted interactive workshops and a dedicated exhibition booth at the event, showcasing the latest AI tools for improving customer and agent interactions. Zoom Video Communications, Inc. recently demonstrated its advanced customer engagement technologies at the Customer Experience Management (CEM) Africa Summit 2024. Held from July 30 to August 1, 2024, at the Century City Conference Centre in Cape Town, the summit served as a platform for discussing transformative customer experience strategies across a variety of industries. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731655172/en/Mohannad AlKalash, Managing Direct
SAN JOSE, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Today, Zoom Video Communications, Inc. (NASDAQ:ZM) announced that post-quantum end-to-end encryption (E2EE) is now globally available for Zoom Workplace, specifically Zoom Meetings, with Zoom Phone and Zoom Rooms coming soon. The launch of the new security enhancement makes Zoom the first UCaaS company to offer a post-quantum E2EE solution for video conferencing. As adversarial threats become more sophisticated, so does the need to safeguard user data. In certain circumstances, attackers may have the ability to capture encrypted network traffic now, with the intent to decrypt it later when quantum computers become more advanced — a scenar
First quarter total revenue of $1,141.2 million, up 3.2% year over year as reported and 3.5% in constant currencyFirst quarter Enterprise revenue of $665.7 million, up 5.3% year over yearFirst quarter GAAP operating margin of 17.8% and non-GAAP operating margin of 40.0%First quarter operating cash flow of $588.2 million, up 40.6% year over yearRepurchased approximately 2.4 million shares of common stock SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, o
SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Today, Workvivo by Zoom was named Meta's only preferred migration partner for its customers as it retires Workplace from Meta. Meta is discontinuing Workplace from Meta – its employee engagement platform. To assist with customer transitions, Meta will partner with Workvivo as its only preferred migration partner. Workplace from Meta and Workvivo plan to provide migration tools for customers migrating to Workvivo and Workvivo will also offer additional implementation services at no further cost to support customers' transition. Workplace from Meta customers can find more information about migrating to Workvivo here. John Goulding, CEO a
SAN JOSE, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) today announced it will release its financial results for the first quarter of fiscal year 2025 on Monday, May 20, 2024, after the market closes. A live Zoom Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom's investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom's mission is to provide one platform that delivers limitless human connection. Zoom Workplace — our AI-powered, open collaboration platform built for modern work — streamlines communications, impro
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
3 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Mike Fenger, vice president Worldwide Sales, Apple, as an independent director on Zoom's Board of Directors effective immediately. "Zoom plays an important role connecting people around the world, and I'm excited to join the Board and contribute to its future success," said Mike Fenger, vice president Worldwide Sales, Apple. "Eric Yuan has built a great team and the company's dedication to driving innovative technology is inspiring. I'm really looking forward to working with them." "On behalf of Zoom's Board of Directors, I am thrilled to welcome Mike to the
SAN MATEO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Abe Smith as the company's Chief of Global Field Operations. He will be responsible for leading field sales worldwide as Freshworks grows upmarket and new business increasingly comes from field sales. Smith brings nearly 25 years of experience at public software companies Zoom, Oracle and Cisco (WebEx), leading teams responsible for building relationships to top enterprise customers and driving more than $1 billion in revenue. "Abe is an impressive leader who has successfully scaled field sales from local to international and mid market to enterprise. This makes him excep
SAN JOSE, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Cindy Hoots, Chief Digital Officer and CIO of AstraZeneca, as an independent director on Zoom's Board of Directors effective immediately. "Zoom has changed the way companies around the world do business and is ushering in entirely new ways to transact business internationally," said Hoots. "Global leaders have the responsibility to ensure our ecosystem of employees, partners, customers, and our community can connect and collaborate seamlessly in a sustainably responsible way. I am thrilled to join Zoom's Board and CEO Eric Yuan, an inspirational leader with a str
SAN JOSE, Calif., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Bill McDermott as an independent director on Zoom's Board of Directors effective March 1. McDermott will replace Bart Swanson, an early investor in Zoom who is stepping down from the Zoom Board following more than eight years of service. Bill McDermott is one of the most highly accomplished leaders in the technology industry. He currently serves as president, chief executive officer and director of market leading SaaS company ServiceNow. Over the course of his distinguished career, he has served as CEO of SAP and board of director roles for major global brands in
STAMFORD, Conn. & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Mischler Financial Group, Inc., the oldest diversity-certified broker-dealer owned and operated by military veterans, today announced the appointment of Lt. General Herbert Raymond “H.R.” McMaster (Ret.), a Hoover Institution Senior Fellow and a former National Security Advisor to the President, as Special Advisor to the firm. General McMaster, whose distinguished military career extended over thirty-four years prior to his retirement in 2018, holds an M.A. and Ph.D. in American history, and serves as a guest lecturer at the Stanford University Graduate School of Business. He is also a member of the Board of Directors for
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
The Nasdaq 100 closed lower by over 180 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) CEO Sundar Pichai sold a total of 33,890,927 sh
Zoom Video Communications Inc (NASDAQ:ZM), the company behind the popular Zoom platform, went public in April 2019, raising $357M. During the height of the COVID-19 pandemic, Zoom became a superstar, with its stock value soaring by almost 900% in a single year. However, in 2020, the FBI, Google, and SpaceX raised concerns about Zoom's encryption practices. Following the news about their encryption practices, Zoom's stock price dropped to $150, and they faced a lawsuit from investors. In October 2023, Zoom reached a settlement with shareholders to pay $150M to affected investors. All affected investors can file a claim to receive the payment. After resolving all the lawsuits, the main
Piper Sandler analyst James Fish maintains Zoom Video Comms (NASDAQ:ZM) with a Neutral and lowers the price target from $72 to $68.
Zoom Video Comms's (NYSE:ZM) short percent of float has risen 8.38% since its last report. The company recently reported that it has 9.88 million shares sold short, which is 3.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume MAXN PUT SWEEP BEARISH 07/05/24 $1.00 $126.9K 17.4K 55.2K NVDA CALL SWEEP
On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility. These trades were part of a series of transactions carried out by Ark’s various ETFs. The NVIDIA Trade The firm’s ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) sold 33,834 NVIDIA shares on Tuesday. The transaction was valued at $4.3 million. On the day, Nvidia shares closed 6.8% higher at $126.09. This move comes in the wake of a significant market cap loss for the tech giant, which saw a $550 billion drop since Thursday. Despite this, NVIDIA managed to rebound by over 6% on Tuesday, regaining its positio
On Tuesday, Brussels accused Microsoft Corp (NASDAQ:MSFT) of engaging in anti-competitive behavior by bundling its Teams app with its Office suite. The EU’s charge sheet alleges that this bundling gives Teams an undue advantage, harming competitors such as Atlassian Corp’s (NASDAQ:TEAM) Slack and Zoom (NASDAQ:ZM), Reuters reports. On Tuesday, the European Union issued a formal charge sheet to Microsoft, outlining concerns that integrating Teams with Office unfairly disadvantages other video conferencing apps. Also Read: Nvidia CEO Predicts $1 Trillion Overhaul for AI Data Centers Margrethe Vestager, the EU’s executive vice president for competition policy, stated that if Microsof
The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by millions. Tesla's Massive Layoffs Let’s start with Tesla. The electric vehicle pioneer has slashed 14,500 jobs, a 14% reduction in its workforce. CEO Elon Musk cited inefficiencies as the reason behind the cuts, though plans to reinstitute stock options for exceptional performance were also mentioned. But Tesla isn’t alone — other big names in tech are trimming their workforce too, includin
-Reuters
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Wells Fargo cut the price target for Zoom Video Communications, Inc. (NASDAQ:ZM) from $60 to $55. Wells Fargo analyst Phil Winslow maintained an Underweight rating. Zoom Video shares gained 3.7% to close at $58.31 on Thursday. See how other analysts view this stock. BMO Capital slashed the price target for Winnebago Industries, Inc. (NYSE:WGO) from $80 to $75. BMO Capital analyst Tristan Thomas-Martin maintained an Outperform rating. Winnebago shares fell 3.5% to close at $54.69 on Thursday. See ho
Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currencySecond quarter Enterprise revenue of $682.8 million, up 3.5% year over yearSecond quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2%Second quarter operating cash flow of $449.3 million, up 33.7% year over yearRepurchased approximately 4.8 million shares of common stock in Q2 SAN JOSE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2024. "In Q2, we outperformed our guidance across the board and grew operating cash flow and free c
First quarter total revenue of $1,141.2 million, up 3.2% year over year as reported and 3.5% in constant currencyFirst quarter Enterprise revenue of $665.7 million, up 5.3% year over yearFirst quarter GAAP operating margin of 17.8% and non-GAAP operating margin of 40.0%First quarter operating cash flow of $588.2 million, up 40.6% year over yearRepurchased approximately 2.4 million shares of common stock SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, o
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina
Third quarter total revenue of $1,136.7 million, up 3.2% year over year as reported and 3.5% in constant currencyThird quarter Enterprise revenue of $660.6 million, up 7.5% year over yearThird quarter GAAP operating margin of 14.9% and non-GAAP operating margin of 39.3%Third quarter operating cash flow of $493.2 million, up 67.0% year over yearNumber of customers contributing more than $100,000 in trailing 12 months revenue up 13.5% year over year SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the third fiscal quarter ended October 31, 2023. "In Q3, revenue came in ahead of guidance as we bolstered Zo
Second quarter total revenue of $1,138.7 million, up 3.6% year over year as reported and 4.5% in constant currencySecond quarter Enterprise revenue of $659.5 million, up 10.2% year over yearSecond quarter GAAP operating margin of 15.6% and non-GAAP operating margin of 40.5%Second quarter operating cash flow of $336.0 million, up 30.6% year over yearNumber of customers contributing more than $100,000 in trailing 12 months revenue up 17.8% year over year SAN JOSE, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2023. "Our mission of delivering limitless human connection rem
First quarter total revenue of $1,105.4 million, up 3% year over year as reported and 5% in constant currencyFirst quarter Enterprise revenue of $632.0 million, up 13% year over yearFirst quarter GAAP operating margin of 0.9% and non-GAAP operating margin of 38.2%Number of customers contributing more than $100,000 in trailing 12 months revenue up 23% year over year SAN JOSE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2023. "The Zoom platform is designed to support limitless human connection to empower the modern workday and strengthen customer relationships.
SAN JOSE, Calif., April 14, 2023 (GLOBE NEWSWIRE) -- Behind work are workers. Real everyday people. People who work to live, not live to work. People who need a sense of belonging. It's a simple concept that often gets forgotten as priorities and demands take over the workday. With workforces looking much different than they did just a few years ago, leaders need to think differently to retain talent and maintain company culture. Today's workforce is hybrid and distributed – with people working from home, in an office, at a remote location, on the frontlines of a retail floor or warehouse, as a pilot or flight attendant in an airplane, a nurse in a healthcare clinic, or anything in betw
Third quarter total revenue of $1,101.9 million, up 5% year over year as reported and 7% in constant currencyThird quarter Enterprise revenue of $614 million, up 20% year over yearThird quarter GAAP operating margin of 6.0% and non-GAAP operating margin of 34.6%Number of customers contributing more than $100,000 in trailing 12 months revenue up 31% year over year SAN JOSE, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the third fiscal quarter ended October 31, 2022. "At Zoomtopia, we announced a number of innovations including Zoom Mail and Zoom Calendar, along with new partnerships that are expected to power
Second quarter total revenue of $1,099.5 million, up 8% year over yearSecond quarter GAAP operating margin of 11.1% and non-GAAP operating margin of 35.8%Number of customers contributing more than $100,000 in trailing 12 months revenue up 37% year over year SAN JOSE, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2022. "In Q2, we continued to gain traction as the platform of choice for enterprises looking to deliver flexible, productive solutions for collaboration and customer engagement," said Zoom founder and CEO, Eric S. Yuan. "Businesses are drawn to the Zoom platfor
First quarter total revenue of $1,073.8 million, up 12% year over yearFirst quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 37.2%First quarter net cash provided by operating activities of $526.2 million, a 49.0% marginNumber of customers contributing more than $100,000 in trailing 12 months revenue up 46% year over year SAN JOSE, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2022. "In Q1, we launched Zoom Contact Center, Zoom Whiteboard and Zoom IQ for Sales, demonstrating our continued focus on enhancing the customer experience and promoting hybr