Tag Archives: Zoom profit skyrockets 3

Zoom’s (ZM) revenue surged more than 350% in the second quarter, and profits rocketed by nearly 10 times as much, as companies signed up for the video conferencing app to connect staff working from home during the pandemic. The California-based video communication service provider reported net profit of $185.7 million for the quarter through July 31, up nearly 3,300% compared with a year earlier. Revenues ...

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