Zooms share price soared nearly 41percent, becoming one of the top 20 technology companies in the United States

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 Zooms share price soared nearly 41percent, becoming one of the top 20 technology companies in the United States


According to refinitiv, zooms second quarter revenue was $663.5 million, up 355% year-on-year. Previously, analysts had predicted that zooms second quarter revenue would be $5005 million. Adjusted earnings per share in the second quarter was 92 cents, more than twice the analysts forecast of 45 cents per share. Zooms second quarter net profit was more than three times the total of the past six quarters.

Zoom is now one of the 20 most valuable technology companies in the United States. Its market value is now higher than that of IBM and more than twice that of VMware. (Tianmen Mountain)

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