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Zoom profit skyrockets 3,300% on remote work trend

Name: Zoom profit skyrockets 3,300% on remote work trend
Uploaded: 2020-09-01T15:00:28-07:00
Channel: NBC Palm Springs
Description: Zoom’s revenue surged more than 350% in the second quarter, and profits rocketed by nearly 10 times as much, as companies signed up for the video conferencing app to connect staff working from home during the pandemic. The California-based video communication service provider reported net profit of $185.7 million for the quarter through July 31, up nearly 3,300% […]

By: NBC Palm Springs

September 1, 2020

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