Recap: Zoom Video Communications Q3 Earnings
Zoom Video Communications (NASDAQ:ZM) reported its Q3 earnings results on Monday, November 22, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Zoom Video Communications beat estimated earnings by 1.83%, reporting an EPS of $1.11 versus an estimate of $1.09, which did not surprise analysts.
Revenue was up $273,604,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2, which was followed by a 16.69% drop in the share price the next day.
Here's a look at Zoom Video Communications's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.16 | 0.99 | 0.79 | 0.76 |
| EPS Actual | 1.36 | 1.32 | 1.22 | 0.99 |
| Revenue Estimate | 990.96M | 906.03M | 811.77M | 693.95M |
| Revenue Actual | 1.02B | 956.24M | 882.49M | 777.20M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted-In: BZI-RecapsEarnings
