Categories AlphaGraphs, Earnings, LATEST, Technology

Infographic: Highlights of Zoom Video Communications (ZM) Q3 2021 earnings report

Web meeting platform Zoom Video Communications (NASDAQ: ZM) reported a multi-fold surge in third-quarter revenues, reflecting the growing demand for remote conferencing services during the shutdown. Both the top-line and profit exceeded the market’s projection.

Zoom Video Communications Q3 2021 earnings infographic

In the October-quarter, there was a three-fold growth in revenues to $777.2 million, compared to the year-ago period. Analysts had predicted slower growth.

The strong top-line performance translated into a sharp increase in adjusted earnings to $0.99 per share from $0.09 per share in the third quarter of 2020. Unadjusted profit climbed to $198.4 million or $0.66 per share from $2.2 million or $0.01 per share last year. Earnings also beat the consensus estimate.


Read management/analysts’ comments on Zoom’s Q3 earnings


Zoom’s stock has gained steadily since the beginning of the year and reached an all-time high in mid-October. In the past six months alone, its value more than doubled. The stock declined during Monday’s after-hours trading session, soon after the announcement.

  • Zoom Video Communications (ZM) Q2 2021 financials
  • Zoom Video Communications (ZM) Q1 2021 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Key highlights from Southwest Airlines (LUV) Q3 2021 earnings results

Southwest Airlines Co. (NYSE: LUV) reported third quarter 2021 earnings results today. Operating revenue increased 161% year-over-year to $4.7 billion. The company reported a net income of $446 million, or

What happened when Alaska Air reported Q3 results

Alaska Air (NYSE: ALK) reported third-quarter 2021 financial results before the regular market hours on Thursday. The aviation company reported Q3 revenue of $1.95 billion, up over 260% year-over-year and

Infographic: AT&T reports Q3 earnings

AT&T (NYSE: T) reported Third-quarter 2021 financial results before the regular market hours on Thursday. The telecommunications giant reported Q3 revenue of $39.9 billion, down by 5.7% reflecting the company's

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top