Zoom Video Communications reported its fourth quarter earnings of $1.29 earnings per share, exceeding analysts’ expectations of $1.07.
The communications technology company’s revenue rose +21.4% from the year-ago quarter to $1.07 billion for the quarter, also higher than analysts' estimates of $1.05 billion.
Over the last year, Zoom Video generated $3.76 earnings per share ($3.76 diluted earnings per share).