Zoom Reports Solid Revenue on Growth in Enterprise Customers

Zoom Communications Inc. reported revenue from enterprise customers that topped analysts’ estimates, suggesting stronger sales among its expanded suite of products.

Fiscal first-quarter sales increased 2.9% to $1.17 billion, the company said Wednesday in a statement. That was in line with analysts’ average estimate. Enterprise revenue jumped 5.9% to $704.7 million in the period ended April 30, compared with an average projection of $695.2 million.