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)
Extended reading Trump: Tik tok has to reach an agreement before September 15. The U.S. Treasury Department has to pay a lot! China has successfully developed a 100 million level neuron like brain computer. Russia may limit Apples percentage to 20% and force third-party stores to go online. Source: Netease science and technology report editor in charge: Qiao JunJing_ NBJ11279