Zoom Video Communications, Inc. (NASDAQ:ZM) shares are trading higher Wednesday after the company posted better-than-expected second-quarter financial results. Here's a look at the details from the report.
The Details: Zoom reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.21 by 14.88%. Quarterly revenue of $1.16 billion also beat the consensus estimate and is a 2.09% increase from the same period last year.
Zoom said Enterprise revenue was $682.8 million, up 3.5% year-over-year, and Online revenue was $479.7 million, flat ...
