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Zoom Stock Climbs on Massive Earnings Beat - Motley Fool
Jun 02, 2020 29 secs

Revenue of $328.2 million grew 169% year over year, accelerating from the 78% growth Zoom generated last quarter, and easily surpassing analysts' consensus estimates of $202 million and the high-end of management's forecast, which topped out at $201 million.  .

Zoom reported a total of 265,400 customers with more than 10 employees, up 354% year over year, while customers contributing $100,000 in trailing-12-month revenue grew 90%.

Cash generated by operating activities was the headliner, increasing 10-fold to $259 million, up from just $22.2 million in the year-ago quarter.

Even in the wake of 200% gains so far this year, Zoom stock climbed higher after hours, gaining over 4% in early after-hours trading

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