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Zoom Video Financial Results for May-July 2021

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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.

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