Videoconferencing company Zoom outpaced financial expectations this quarter, Zoom leadership announced Monday.
The company pulled in $1.14 billion in revenue in Q2, up 3.6% from last quarter and above analysts’ $1.12 billion estimate.
Zoom’s net income also increased to $182 million last quarter in comparison to the $45.7 million it pulled in during Q2 2022.
CEO Eric Yuan also announced that Zoom will be implementing new artificial intelligence features into the videoconference platform in an effort to continue the company’s forward momentum.
