File: Zoom said it made a profit of $27-million on revenue that leapt 169 percent to slightly more than $328-million in the fiscal quarter that ended April 30.SAN FRANCISCO - Zoom reported that its earnings soared as its video-meeting service became a popular way to work or socialise while hunkered down due to the coronavirus pandemic.
In the same quarter a year earlier, Zoom reported zero dollars per share in net income for stockholders. Zoom told analysts that about half the growth in paid use was customers paying month-to-month, and those types of subscribers are more likely to leave than those who commit to annual memberships.
Pandemic is over. ANCMustFall
What about skype
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Capital Appreciation raises dividend as Covid-19 accelerates online activityFintech group has experienced limited effect from pandemic, and is upbeat about shift to online banking
Source: BDliveSA - 🏆 12. / 63 Read more »
Comair warns of 100% profit dropThe group is in business rescue after being grounded by the Covid-19 pandemic That equals 0 profit? If they can't make a profit, what are the chances that SAA can?
Source: BDliveSA - 🏆 12. / 63 Read more »
JONATHAN COOK: Mid-crisis is the best time to makes those changesThe pandemic offers companies and people the opportunity to break old habits
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
MICHEL PIREU: Pandemic a reminder that we merely tap-tap in the fogIt is an illusion that the more people know, the more control they will have
Source: BDliveSA - 🏆 12. / 63 Read more »
Asian stocks edge upwards on hopes worst of pandemic is overNikkei rises 1% to highest level in three months and Seoul, Taipei and Hong Kong markets also gain
Source: BDliveSA - 🏆 12. / 63 Read more »