Zoom stock soars after blowout earnings report

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NEW: Stock for video-conferencing software Zoom soars by 35% after a blowout earnings report.

"Organizations are shifting from addressing their immediate business continuity needs to supporting a future of working anywhere, learning anywhere, and connecting anywhere on Zoom's video-first platform," Zoom founder and CEO Eric S. Yuan said in a statement announcing the earnings."At Zoom, we strive to deliver a world-class, frictionless, and secure communication experience for our customers across locations, devices, and use cases.

Eric Yuan, founder and CEO of Zoom Video Communications, reacts during the company's initial public offering at the Nasdaq MarketSite in New York, April 18, 2019. Moreover, Zoom raised its financial outlook for the rest of the year, expecting total revenue for the third quarter to be between $685 million and $690 million, and total revenue for the fiscal year to hit between $2.37 billion and $2.39 billion, citing"the demand for remote work solutions for business."

 

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Shhhh, dont tell BernieSanders

something good to come out of this pandemic, especially if it's true the only thing to stop you now is zuckerberg, cook, bezos and picah, good luck!

Pandemic paying off for some.

Awesome. Thanks realDonaldTrump

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