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Zoom quarterly results top estimates as hybrid work boosts demand

Zoom Video Communications topped estimates for third-quarter results on Monday, as the video-conferencing platform benefited from the launch of its new offerings that helped boost demand as businesses adopt hybrid models of work.

The company also forecast current-quarter revenue and earnings above expectations, and raised its full-year revenue estimate to around US$4.08 billion from about US$4.01 billion earlier.

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