(Reuters) – Zoom Video Communications Inc beat analysts’ estimates for quarterly revenue on Monday as demand remained strong for its video-conferencing service from more companies embracing hybrid work.
Revenue in the second quarter ended July 31 rose 54% to $1.02 billion, beating analysts’ average estimate of $991 million, according to Refinitiv data.
(Reporting by Eva Mathews in Bengaluru; Editing by Aditya Soni)
