India, May 21 -- Zoom Video Communications, Inc. (ZM) released a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $254.60 million, or $0.81 per share. This compares with $216.31 million, or $0.69 per share, last year.
Excluding items, Zoom Video Communications, Inc. reported adjusted earnings of $448.29 million or $1.43 per share for the period.
Analysts on average had expected the company to earn $1.31 per share. Analysts' estimates typically exclude special items.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
The company's revenue for the period rose 2.9% to $1.174 million from $1.141 million last year.
Zoom Video Commun...