Zoom Proves It Is More Than A Pandemic-Only Wonder An Impressive Quarterly Report

Quick Summary:

On Monday, Zoom Video Communications (NASDAQ: ZM) issued a better-than-expected second quarter report, while also lifting its full-year revenue outlook.

For the quarter ended on July 31st, Zoom reported revenue rose 2% to $1.162 billion, with sales growth slowing down for the tenth consecutive quarte.

Zoom is doing a good job in proving to its rival Microsoft Corporation (NASDAQ: MSFT) and others that it is more than a pandemic-only wonder, with its stock going up upon the report.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Upwallstreet

Category: Technology

Markets: United States

Topics: US5949181045 Tech News Contributors ZM Benzinga MSFT Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 13:27:07 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22281578

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Year Established: 2010

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions