Zoom this week announced results for its fiscal year 2022 second quarter, which ended July 31, 2021. As has become the norm, the company put up a strong beat.
Taking a Closer Look at the Numbers
This quarter was a milestone, as it was the companies first billion-dollar quarter — congratulations to Zoom CEO Eric Yuan and team. Revenues for the quarter were $1.02 billion, handily ahead of the expected $990 million and up a whopping 53.7% year over year. Not bad for a company that just turned 10. Looking at earnings, the company posted $1.36/share, again well ahead of the expected $1.16 and up from $0.92 a year ago.
