Zoom profits double as revenues skyrocket

By 2020-08-31Science & Tech
Image copyright Zoom

Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled due to the coronavirus crisis.

Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts’ expectations of $500.5m.

Profits soared to $186m ... Read even more

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