- Zoom's Q3 2024 revenue grew 4% to $1.18 billion - The figure is two years of modest growth - Meanwhile, Zoom's business tripled in 2020 and 2021 - Net income grew by $66 million, already up to $207.1 million - Number of corp. customers was 192.4k (+800pc) - Zoom's revenue for the new quarter will be $1.175-1.18 billion - The company also raised its outlook for the full fiscal year 2025 - Zoom's revenue for it should be $4.656-4.661 billion - The midpoint of the range implies growth of about 3% - Zoom has launched webinars with up to 1 million people - It also announced its name change - Zoom Video Communications will remove the “Video” from its name - The new full name will be Zoom Communications Inc - This change reflects the evolution of the entire company - Zoom is working on a working AI platform