Zoom’s fiscal year ends January 31, hence fiscal quarters and calendar quarters to not align. The company made its debut on the Nasdaq on April 18, 2019.
- Total revenue nearly doubled to $146 million
- Operating income was positive $2.27 million
- GAAP net income was $5.54 million, of which $2.86 million was interest income on the company’s extensive portfolio of securities after the successful IPO
- As of July 31, 2019 and 2018, Zoom had approximately 66,300 and 37,200 customers with more than 10 employees, respectively (up 78%).