Zoom Is Getting Back to Business

such as Zoom Phone, which can replace aging office telecommunications systems, and Zoom Rooms, used for dedicated videoconferencing rooms, should also get a boost from hybrid work environments, in which in-office personnel regularly mix with remote workers. Zoom said Tuesday it has now sold 1.5 million seats for Zoom Phone, up from one million at the beginning of the year.

Zoom’s shares still aren’t cheap at around 25 times forward sales. But that is less than half the stock’s multiple at its peak in October, and a rather midrange valuation in the cloud software space, where at least half a dozen others are trading well over 30 times.

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Stocks making the biggest moves after hours: Zoom Video, Hewlett Packard Enterprise, Ambarella & moreStocks making the biggest moves after hours: Zoom, Hewlett Packard Enterprise, Ambarella & more
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Zoom CFO on Q1 earnings beat, post-pandemic outlook, possible acquisitions and moreZoom came in 33 cents a share ahead of estimates, with quarterly earnings of $1.33 per share. The video communications platform company’s revenue beat analysts’ forecasts as well, and the company gave upbeat guidance even as more people return to offices. Zoom shares gained 2.4% in the premarket. Zoom CFO Kelly Steckelberg joined 'Squawk Box' on Wednesday to discuss the beat, the company's outlook post-pandemic and more.
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How This Fitness Guru Grew Her Business By Reinvesting Money Back Into ItEight years ago, Massy Arias started a fitness routine as a way to manage her depression. She started training clients in New York City and went from training people in Central Park to building a digital platform, MA Elevate Program, where clients can train with her virtually. What a beautiful photo!
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