ZM Bests Expectations

I stumbled on an interesting and astounding statistic which you might miss. Zoom’s over $100,000 customers were 1289 this quarter, and were 988 last quarter sequentially. That means that they increased their number of big customers by 30.4% SEQUENTIALLY!!! Read that again! It really astounded me. And this is a trailing twelve months figure, not an annual recurring revenue figure, so it’s not even counting many new $30,000 or $40,000 per quarter customers, because they don’t have $100,000 yet looking backwards. Interesting…

Saul

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