Mar 07, 2023 / 08:10PM GMT
Thomas Blakey - KeyBanc Capital Markets Inc., Research Division - Research Analyst
Well, welcome, everybody. My name is Tom Blakey. I'm the senior analyst with KeyBanc Capital Markets, responsible for covering infrastructure software and technology. That includes the dynamic companies in the digital communications and collaboration segment, which, of course, will include the leader here, Zoom Video Communications -- which I admit, we all could not have lived without the last couple of years. I think everybody will agree with that in the room.
Zoom was founded by the current CEO, Eric Yuan in 2011 when he left Cisco Webex and the product was officially launched in 2013, just 10 years ago, about -- close to about 10 years ago today. As of today, in the most recent fiscal 4Q '23 results, they reported last Monday, fiscal '23 sales ending in January were $4.4 billion. And this was driven by Enterprise, which is about 57% of revenue in that most recent quarter, growing 24%. The company again reported $4.4 billion of sales in just about 10 years. That's quite an accomplishment.
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Zoom Video Communications Inc at KeyBanc Capital Markets Emerging Technology Summit Transcript
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