Preview: What to Expect From Zoom’s Earnings on Monday

Preview: What to Expect From Zoom’s Earnings on Monday

The San Jose, California-based communications technology company Zoom is expected to report its fiscal third-quarter earnings of $1.09 per share, which represents year-over-year growth of over 10% from $0.99 per share seen in the same period a year ago.

The company, which provides video telephony and online chat services through a cloud-based peer-to-peer software platform, would post revenue growth of over 30% to $1.02 billion. Zoom will report 3Q FY22 earnings after market close on Monday, November 22.

According to ZACKS Research, Zoom expects revenues between $1.015 billion and $1.020 billion for the third quarter of fiscal 2022. The non-GAAP income from operations is expected to be between $340 million and $345 million.