Zoom is more popular than ever, despite the critics
Returning to offices around the world has proven less than the problem for zoom than previously thought, the company has revealed.
Video conferencing services have issued the latest quarterly financial results, revealing it still expanded its customer base because Hybrid works becoming more popular for business throughout the world.
In the results of the Q3 2021, the zoom recorded $ 1.0 billion in income, up 35% year-on-year, with the third quarter GAAP operating margin of 27.7%.
Zoom Boost.
Zoom says have seen special success in drawing on larger customers, with a total of 2,507 customers now contributing more than $ 100,000 each in trailing income twelve months, an increase of around 94% from the same annual quarter.
This customer represents almost a quarter (22%) of all zoom revenues in Q3 2021, up from 18% the previous year, with the company also boasts 512,100 customers with more than 10 employees, up from around 504,900 in the last quarter.
“Through innovation and dedication, we will continue to provide happiness to our customers,” said the founder of Zoom and CEO Eric Yuan.
“We are on our way to becoming a very necessary platform for companies, individuals, and developers to connect, collaborate, and build in the world of flexible hybrid work. We believe global brands, innovative technology, and our large customer base base position. For the sake of future.”
Yuan added that zoom now to close the year between $ 4,079 to $ 4.081 billion of total income, representing around 54% year-on-year growth.
Zoom has worked hard to continue the extraordinary growth enjoyed during a pandemic because it tried to track with rivals like the Microsoft team.
This includes the latest updates such as direct transcription, which is now available for all free zoom accounts, after just offered for paid customers.
Features, which provide automatic text during video zoom calls, are now available on all free zoom meetings account, along with other accessibility features including keyboard accessibility, pinning or video interpreter, screen reader support, and voicemail transcription to make video conference software accessible. Even more users.