Zoom Video Communications Q3 EPS $1.11 Beats $1.09 Estimate, Sales $1.05B Beat $1.02B Estimate

Zoom Video Communications (NASDAQ:ZM) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $1.09 by 1.83 percent. This is a 12.12 percent increase over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $1.05 billion which beat the analyst consensus estimate of $1.02 billion by 3.02 percent. This is a 35.20 percent increase over sales of $777.20 million the same period last year.