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Zoom beats guidance again as revenues grow nearly five-fold in Q3

Tuesday 1 December 2020 | 08:56 CET | News
Update: 2 December 2020 | 14:16 CET
Adjusted operating profit was also much better than the company's guidance, at USD 290.8 million compared to USD 21.3 million a year ago. Net profit improved to USD 198.4 million or USD 0.66 per share from USD 2.2 million or USD 0.01 per share in the year-earlier period. Adjusted EPS of USD 0.99 was well ahead of Zoom's forecast of USD 0.73-0.74.

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[02/12/2020 14:16- Update: Zoom corrected FY adjusted EPS forecast. ]


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Categories: Internet
Companies: Zoom Video Communications
Countries: World
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