ZM • NASDAQ
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Zoom Video Communications Inc
$122.64
After Hours:(0.0082%)+0.010
$122.65
Closed: Jun 24, 7:40:00 PM GMT-4 · USD · NASDAQ · Disclaimer
Previous close
$117.67
Day range
$118.12 - $122.99
Year range
$79.03 - $406.48
Market cap
36.59B USD
Avg Volume
6.64M
P/E ratio
29.76
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Financial performance
Revenue
Net income
(USD) | Apr 2022info | Y/Y change |
---|---|---|
Revenue | 1.07B | 12.29% |
Operating expense | 696.01M | 49.70% |
Net income | 113.66M | -50.05% |
Earnings per share | 1.03 | -21.97% |
EBITDA | 131.24M | -44.62% |
Effective tax rate | 20.89% | — |
Balance Sheet
Financial performance
Total assets
Total liabilities
(USD) | Apr 2022info | Y/Y change |
---|---|---|
Cash and short-term investments | 5.73B | 22.11% |
Total assets | 7.96B | 35.12% |
Total liabilities | 2.01B | 18.45% |
Total equity | 5.95B | — |
Shares outstanding | 298.38M | — |
Price to book | 5.91 | — |
Return on assets | 3.74% | — |
Return on capital | 4.86% | — |
Cash Flow
Financial performance
Net change in cash
(USD) | Apr 2022info | Y/Y change |
---|---|---|
Net income | 113.66M | -50.05% |
Cash from operations | 526.15M | -1.34% |
Cash from investing | -42.33M | 96.53% |
Cash from financing | -133.24M | -2,022.04% |
Net change in cash | 341.15M | 149.23% |
Free cash flow | 481.22M | 28.64% |
About
Zoom Video Communications, Inc. is an American communications technology company headquartered in San Jose, California. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference rooms for video meetings, virtual events and contact centers, and offers an open platform allowing third-party developers to build custom applications on its unified communications platform.
Eric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013. Zoom's revenue growth, and perceived ease-of-use and reliability of its software, resulted in a $1 billion valuation in 2017, making it a "unicorn" company. The company first became profitable in 2019, and completed an initial public offering that year. The company joined the NASDAQ-100 stock index on April 30, 2020.
Beginning in early 2020, Zoom's software usage saw a remarkable global increase after quarantine measures were adopted in response to the COVID-19 pandemic. Its software products have faced public and media scrutiny related to security and privacy issues. Wikipedia
CEO
Founded
2011
Headquarters
Website
Employees
7,155