Zoom Video updates long-term operating profit view to 33%-36% of revenue

In slides for its Zoomtopia presentation, Zoom offered an updated long-term non-GAAP long-term model, pointing to long-term gross profit of about 80% of revenue and operating profit of about 33%-36% of revenue. The previous long-term profile called for gross profit of about 80% of revenue and operating profit of about 28%-32% of revenue, according to the presentation.