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Zoom Video Communications $ZM Financial Results for August-October 2021

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Zoom Video Communications (ticker symbol: ZM) announced its financial results for the period August to October 2021 on November 22, 2021.

Financial Results for August to October 2021

EPS of $1.11 vs. forecast of $1.10.

Net sales of $1.05 billion vs. forecast of $1.02 billion.

Sales growth rate was +35% YoY.

The number of large customers with annual sales of $100,000 or more was up 94% to 2,507.

The number of enterprise customers with 10 or more employees was 512,000, up 18% from the same period last year.

Operating cash flow was $395 million. Cash flow from operations was $395 million, compared to $412 million in the same period last year.

Free cash flow was $375 million. Free cash flow was $375 million, compared to $388 million in the same period last year.

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