Zoom Video Communications: 'Number of customers contributing more than $100,000 in trailing 12 months revenue up 23% year over year'
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications reports a 23% YoY increase in the number of customers contributing more than $100,000 in trailing 12 months revenue.
May 22, 2023 | 8:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Zoom's 23% YoY growth in customers contributing over $100,000 in trailing 12 months revenue indicates strong business performance.
The 23% YoY increase in customers contributing over $100,000 in trailing 12 months revenue demonstrates that Zoom is successfully attracting and retaining high-value clients. This growth is likely to have a positive impact on the company's stock price in the short term, as it indicates strong business performance and revenue generation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100