Zoom Video Communications Reports Second Quarter Results for Fiscal Year 2020

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SAN JOSE, Calif., Sept. 05, 2019 (GLOBE NEWSWIRE) — September 5, 2019 – Zoom Video Communications, Inc. (ZM), a provider of video-first unified communications, today announced financial results for the quarter ended July 31, 2019.

“Zoom delivers happiness to our customers by providing a frictionless unified communications platform capable of transforming how teams communicate and collaborate. Our technology enables businesses to make decisions faster, strengthens engagement, and increases productivity. I am proud that we continue to build trust and create value for customers as evidenced by our strong combination of total revenue growth of 96% with increased profitability and free cash flow in Q2,” stated Eric S. Yuan, founder and chief executive officer of Zoom.