Zoom shares soar as earnings rocket | Malay Mail

📆 01/09/2020 13:24:00
📰 malaymail

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 86%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

SAN FRANCISCO, Sept 1 — Zoom shares soared on Monday after the video-meeting service reported that quarterly revenue rocketed as its ranks of users more than quadrupled. The Silicon Valley-based company that has become a popular way to work, learn or socialise during the pandemic said it made a...

Zoom said it made a profit of US$186 million on revenue of US$663.5 million in the quarter that ended on July 31.. — Reuters pic

Zoom shares were up more than 22 per cent in after-market trades that followed release of the earnings, which beat market expectations. “It is the survival of the adaptable, only Stone Age companies are insisting employees to physically come to work,” Global Equities Research analyst Trip Chowdhry said in a note to investors, calling Zoom a “cultural phenomenon.”

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian stocks hit two-year top, Nikkei bounces as Berkshire buys in | Malay MailSYDNEY, Aug 31 — Asian shares notched a fresh two-year high today as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period, keeping the safe-haven dollar on the defensive. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2...
La source: malaymail - 🏆 1. / 86 Lire la suite »