Recap: Zoom Video Communications Q3 Earnings

Zoom Video Communications 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.

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.

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.

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