NEW YORK | Zoom Video Communication Inc. nearly doubled its expectations for annual sales on Tuesday, riding on a surge in usage of its video conferencing platform due to coronavirus – driven lockdown measures globally.
However, the latest quarterly reported shows the issue had little impact on its numbers. The company said it now had about 265,400 customers with more than 10 employees, a near four-fold increase from a year earlier.
Zoom also reported first-quarter revenue of $328.2 million, beating analysts’ estimates of $200.7 milion, according to IBES data from Refinitiv.
The company raised its full-year revenue forecast to a range of $1,78 billion to $ 1.80 billion from $935.2 million.
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TRAVEL | Saudi Arabia Is Among 6 Safest Travel Destinations In World, In Light Of Covid-19 Pandemic
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NEWS ALERT | Jordan’s King Abdullah And Palestinian Leader Abbas Meet, Hope Biden Revives Peace Process
Jordan’s King Abdullah on Sunday met with Palestinian President Mahmoud Abbas and both leaders et high hopes the U.S. President – elect Joe Biden will revive peace talks over a two-state solutions to the decades – old Arab – Israeli conflict, officials said. In a palace statement after meeting with Abbas in the Red Sea … Continue reading NEWS ALERT | Jordan’s King Abdullah And Palestinian Leader Abbas Meet, Hope Biden Revives Peace Process
