Zoom profits from Pandemics amid restrictions of working from home

KXIN Stock

One of the prime winners of coronavirus pandemic was Videoconferencing app Zoom, as its profits doubled for the quarter ending 31 July. Zoom Revenues surged more than 350% to reach $663.5m, easily topping analysts’ outlook of $500.5 millions during the 2nd quarter this year. Company Profits rose to $186m, while customer growth surged 458%, year […]