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Zoom Video Communications performed better than expected in the fourth quarter. The company posted revenue of $1.15 billion last quarter. Net profit came to $298.8 million, compared with a loss of $104.1 million, or $0.36 per share, in the same period a year earlier (pdf).

For the full fiscal year, the video conferencing service posted revenue of $4.5 billion, up from $4.4 billion in the previous year. Net profit was $637.5 million, or $2.07 per share, compared with net profit of $103.7 million, or $0.34 per share, in the previous year.

Revenue of $1.125 billion is expected for the current quarter.

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