In a Q1 2021 financial report Video firm Zoom posted Q1 2021 revenues of $328.2m, up 169% year-over-year. The company added 265,400 customers with more than 10 employees, up 354% year-over-year.
“We were humbled by the accelerated adoption of the Zoom platform around the globe in Q1," said Eric S. Yuan, Founder and Chief Executive Officer, Zoom.
The Covid-19 crisis has driven higher demand for distributed, face-to-face interactions and collaboration using Zoom. Use cases have grown rapidly as people integrated Zoom into their work, learning, and personal lives.
"We also supported an unprecedented number of free participants, including over 100,000 K-12 schools around the globe."