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Zoom nearly doubles revenue forecast on remote-work boost, but costs rising

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.

  1. Zoom nearly doubles revenue forecast on remote-work boost, but costs rising  Reuters
  2. Zoom revenue growth rockets in work-from-home age  CNBC
  3. Zoom Video Earnings Guidance Crushes Estimates, ZM Stock Rises  Investor’s Business Daily
  4. Zoom’s revenue soars 169% as people flock to service during pandemic  CNN
  5. Zoom saw a huge increase in subscribers — and revenue — thanks to the pandemic  The Verge