Zoom Video Communications Inc (NASDAQ: ZM) shares initially traded higher late Monday on the company's third-quarter financial results, but have since pulled back. Here's a look at the key metrics from the quarter.
- Q3 Revenue: $1.14 billion beat estimates of $1.12 billion
- Q3 EPS: $1.29 beat estimates of $1.08
Enterprise revenue was up 7.5% year-over-year. Operating margin came in at 14.9% and operating cash flow totaled $493.2 million, which was up 67% year-over-year.
Zoom ended the quarter with approximately 219,700 enterprise customers, up 5% year-over-year. 3,731 of those customers were contributing more than $100,000 in trailing 12 months revenue, up approximately 13.5%.
"In Q3, ...