Zoom Communications Inc (NASDAQ:ZM) reported financial results for the second quarter after the market close on Tuesday. Here’s what you need to know from the print.
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Zoom Q2 Earnings Highlights
Zoom reported revenue of $1.28 billion for the second quarter, beating the consensus estimate of $1.27 billion. The communications company posted second-quarter adjusted earnings of $1.55 per share, beating analyst estimates of $1.48 per share, according to Benzinga Pro.
Total revenue was up 4.9% on a year-over-year basis. Zoom said enterprise revenue increased 7.8% year-over-year to $787.5 million, and online revenue was up 0.6% year-over-year to $489.7 million.
