Zoom beats quarterly revenue estimates



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(Reuters) – Zoom Video Communications Inc reported better-than-expected quarterly revenue on Monday, helped by increased users on its video-conferencing platform for remote work and online learning against the backdrop of broader stay-at-home orders.

Revenue in the fourth quarter ended Jan. 31 rose to $882.5 million from $188.3 million, beating estimates of $811.8 million, according to IBES Refinitiv data.

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