Zoom adds 220k enterprise customers in Q3

For Q3 2023, Zoom added 219,700 Enterprise customers and saw revenue grow 3.2% year over year to $1,136.7.

Of this, Enterprise revenue represented of $660.6 million, up 7.5% year over year and Online revenue was $476.1 million, down 2.4% year over year.

For the fourth quarter of fiscal year 2024, Zoom expects Total revenue to be between $1.125 billion and $1.130 billion. For the full fiscal year 2024, total revenue is projected to be between $4.506 billion and $4.511 billion 

Eric S. Yuan, Zoom founder, and CEO, said: “In Q3, revenue came in ahead of guidance as we bolstered Zoom’s all-in-one intelligent collaboration platform with advanced new capabilities like Zoom AI Companion and continued to evolve our customer and employee engagement solutions.”

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