Zoom reports Q1 revenue up 3% YoY to $1.11B, vs. $1.08B est., Enterprise revenue up 13% YoY to $632M, and customers contributing $100K+ annually up ~23% YoY (Tiyashi Datta/Reuters) 22-05-2023

Tiyashi Datta / Reuters:
Zoom reports Q1 revenue up 3% YoY to $1.11B, vs. $1.08B est., Enterprise revenue up 13% YoY to $632M, and customers contributing $100K+ annually up ~23% YoY — Zoom Video Communications Inc (ZM.O) on Monday raised its annual revenue forecast, betting on hybrid work trends to sustain demand for its video-conferencing services.