ZOOM VIDEO COMMUNICATIONS INC. overview

SAN JOSE, Calif., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Zoom Video C o mmunications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced the closing of its previously announced underwritten public offering of its Class A common stock. Zoom sold 5,882,353 shares of its Class A common stock, including 735,294 shares pursuant to the full exercise of the underwriter’s option, at a price to the public of $340.00 per share. The gross proceeds from the offering...

SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced the pricing of an underwritten public offering of 5,147,059 shares of its Class A common stock at a price to the public of $340.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $1.75 billion, before deducting the underwriting discounts and commissions and estimated offering...

SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that it has sold one million Zoom Phone seats shortly before it reached the two-year anniversary of the product’s general availability. This impressive growth illustrates the value Zoom Phone brings to customers with its strong service performance, reliability, security, enterprise-grade features, seamless integrations, and simplified pricing model. Zoom Phone is a core product in...

SAN JOSE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced that it has commenced an underwritten public offering of $1.5 billion of shares of its Class A common stock. In connection with the proposed offering, Zoom expects to grant the underwriter a 30-day option to purchase up to an additional $225 million of shares of its Class A common stock at the public offering price, less...

SAN JOSE, Calif., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that it will expand its presence in Singapore by opening a new Research and Development Center, where it will hire hundreds of key engineering headcount. Zoom will also expand its co-located data center in the country. This commitment represents a growing strategic investment in the country, where Zoom has already had a presence for 2 years. This expansion into Singapore will...

Third quarter total revenue of $777.2 million, up 367% year-over-year Number of customers contributing more than $100,000 in TTM revenue up 136% year-over-year Approximately 433,700 customers with more than 10 employees, up 485% year-over-year SAN JOSE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) is clarifying the Company's full fiscal year 2021 non-GAAP diluted earnings per share guidance as disclosed in a press release issued on November 30, 2020....

Third quarter total revenue of $777.2 million, up 367% year-over-year Number of customers contributing more than $100,000 in TTM revenue up 136% year-over-year Approximately 433,700 customers with more than 10 employees, up 485% year-over-year SAN JOSE, Calif., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced financial results for the third fiscal quarter ended October 31, 2020. “We remain...

SAN JOSE, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that analyst firm Gartner has named Zoom a Leader in the 2020 Magic Quadrant for Meeting Solutions, as well as a Leader in the Magic Quadrant for Unified Communications as a Service. This is the sixth time Zoom has appeared in the Gartner Magic Quadrant for Meeting Solutions and its fifth consecutive time as a Leader. It is the first year Zoom has qualified for inclusion in the...

SAN JOSE, Calif., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) will release results for its third quarter of fiscal year 2021 on Monday, November 30, 2020, after the market closes. A live Zoom Video Webinar of the event can be accessed at 2:30 pm PT / 5:30 pm ET through Zoom’s investor relations website at https://investors.zoom.us . A replay will be available approximately two hours after the conclusion of the live event and remain up for approximately one...

SAN JOSE, Calif., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Janet Napolitano has joined its Board of Directors effective today, November 2. Napolitano is an accomplished attorney who has dedicated much of her career to public service as an attorney general, Governor, cabinet member, and university administrator. She served as Attorney General of Arizona from 1998 to 2003. She was then elected Governor of Arizona, leading her state from 2003 to...

SAN JOSE, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced its new end-to-end encryption (E2EE) is now available to users globally, free and paid, for meetings with up to 200 participants. This feature is available immediately as a technical preview, meaning that the company is proactively soliciting feedback from users for the next 30 days. Starting today, E2EE is available on Zoom desktop client version 5.4.0 for Mac and PC, the Zoom...

SAN JOSE, Calif., Oct. 14, 2020 (GLOBE NEWSWIRE) -- During the vision keynote of Zoomtopia 2020 today, Zoom Video Communications, Inc. (NASDAQ: ZM) will unveil major developments to its platform that evolve the future of communications. The two-day virtual conference opens with CEO Eric S. Yuan presenting the vision for the company, followed by CPO Oded Gal delivering the product keynote. “Zoom is for you, our courageous, hardworking, and creative community of users, and so is Zoomtopia. We...

SAN JOSE, Calif., Oct. 12, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) will hold a Financial Analyst Meeting on October 14, 2020 during its premier customer event, Zoomtopia. The event will be hosted by members of the executive team and will discuss Zoom’s business strategy, opportunities, and initiatives. A live Zoom Video Webinar of the event can be accessed at 11:00 am PT / 2:00 pm ET through Zoom’s investor relations website at...

SAN JOSE, Calif., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Zoom Vide o Communications, Inc. (NASDAQ: ZM) today announced a line-up of celebrity and business guests for main-stage keynotes and ‘Zoom In Moments’ that will occur throughout Zoom t opia , scheduled virtually on October 14-15, 2020. Zoomtopia is an annual event for Zoom to celebrate its users and showcase how video-first unified communications are empowering the workforces of today and transforming the workspaces of tomorrow. Attendees...