Zoom Video (ticker symbol: ZM) announces its financial results for the period May to July 2021, which were released on August 30, 2021.
Financial Results for May to July 2021
EPS of $1.36 vs. forecast of $1.16.
Net sales of $1.02 billion vs. forecast of $990 million.
Sales growth was +54% YoY.
Operating cash flow was $468 million. Cash flow from operations was $468 million, compared to $401 million in the same period last year.
Free cash flow was $455 million. Free cash flow was $455 million, compared to $373 million in the same period last year.
In the past 12 months, the number of large customers with sales of more than $100,000 increased 131%, to 2,278, compared to the same period last year.
The number of customers with 10 or more employees was 549,000, up 130% from the same period last year.