Zoom Video Communications Reports Fourth Quarter and Fiscal Year 2020 Financial Results •Fourth quarter total revenue of $188.3 million, up 78% year-over-year; full fiscal year total revenue … The video conferencing company’s revenue this year is expected to … Revenues at the California-based company rose 326 per cent year-on-year to $2.65bn (£1.87bn), while for the fourth quarter they were up an even more impressive 369 per cent over the … Its fourth-quarter revenue alone soared by 369%. "The fourth quarter marked a solid finish in an unprecedented year for Zoom," says Zoom … The video conferencing company’s revenue this year is expected to rise more than 41% to between US$900 million and US$905 million. Riding on work-from-home scenario in the pandemic, video collaboration and chat platform Zoom has reported a staggering 369 per cent rise in its quarterly revenue at $882.5 million. in 2020, Zoom recorded a quadrupled revenue of US$2.65 billion. The company, founded and headed by former Cisco manager Eric Yuan, raised its annual revenue … (Photo: REUTERS/Dado Ruvic) 01 Sep 2020 04:15AM (Updated: 01 Sep 2020 07:32AM ) The company has archived fiscal 2020 with revenues more than quadrupled to 2.65 billion. Its fourth-quarter revenue alone soared by 369%. … in 2020, Zoom recorded a quadrupled revenue of US$2.65 billion. Zoom said it now has 370,200 institutional customers with more than 10 employees, up about 458% from the same quarter last year. Zoom’s revenue for its fiscal first-quarter between February and April more than doubled from the same time last year to $328m, turning a profit of $27m compared with $198,000 a year ago. Zoom has 2,854 employees across 11 locations and $622.66 M in annual revenue in FY 2020. See insights on Zoom including office locations, competitors, revenue, financials, executives, subsidiaries … Zoom Video Communications Inc raised its annual revenue forecast by 30% after comfortably beating quarterly estimates on Monday, as it converts more of its huge free user base to … A 3D printed Zoom logo is placed on the keyboard in this illustration taken on Apr 12, 2020. Being the perfect product available at the idea time, 2020 was indeed a banner year for Zoom … Zoom expects growth to continue, though at a slower pace than in 2020. And growth should continue: Zoom expects revenue this year to rise by an additional 41%, with the first quarter expected to be between $ 900 and $ 905 million.