Zoom managed to gain traction among large enterprise subscribers, signaling that video conferencing isn't yet a winner-take-all market
Here are a few highlights from Zoom's earnings that showcase its potential staying power:
Zoom managed to grow its base of large enterprise subscribers, signaling that video conferencing isn't yet a winner-take-all market. In its earnings announcement, Zoom reported a 112% YoY increase in its base of customers contributing more than $100,000 in trailing annual revenues. Large enterprise subscribers tend to be more sophisticated software buyers, so it's a great sign for Zoom that it is still managing to gain traction with this demographic.
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