Zoom Video Comms Q3 Adj $1.38 Beats $1.31 Estimate, Sales $1.18B Beat $1.16B Estimate

Zoom Video Comms (NASDAQ:ZM) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $1.31 by 5.34 percent. This is a 6.98 percent increase over earnings of $1.29 per share from the same period last year. The company reported quarterly sales of $1.18 billion which beat the analyst consensus estimate of $1.16 billion by 1.16 percent. This is a 3.59 percent increase over sales of $1.14 billion the same period last year.