Home › Zoom raises FY outlook after revenues, profit soar in Q2
 

Keywords :   


Zoom raises FY outlook after revenues, profit soar in Q2

2020-09-01 09:31:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications raised its forecast for the full year after reporting much higher than expected second quarter results, with revenues leaping 355 percent from the year before to USD 663.5 million, the operating profit increasing to USD 188.1 million from 2.3 million and the adjusted operating profit going higher to USD 277 million form 20.7 million. The net profit jumped to USD 185.7 million or USD 0.63 per share, from 5.5 million and 0.02 per share, with the adjusted net profit leaping to USD 274.8 million or USD 0.82 per share, from 24 million and 0.08 per share.

Tags: in profit zoom outlook

Category:Telecommunications

Latest from this category

All news
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
29.01Planning bids for new homes rise in England but building remains low, data suggests
29.01H5N1 Risk to Swine Research Program seeks 2nd round of proposals
29.01Pig breeder Muyuan Foods seeks up to $1.4 Billion in Hong Kong listing
29.01duBreton responds to Canada's approval of the PRRS-resistant pig
More »