Zoom hikes forecasts as users surge amid lockdown
The video conferencing firm is now expecting revenues for its current year to be between US$1.78-US$1.8bn compared to prior forecasts of US$905-US$915mln
Company
NASDAQ:ZM
Zoom Video Communications has developed a cloud platform for video and audio conferencing, collaboration, chat, and webinars across mobile devices, desktops, telephones, and room systems. Zoom is a publicly traded company on Nasdaq (ticker: ZM) and headquartered in San Jose, California.
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The video conferencing firm is now expecting revenues for its current year to be between US$1.78-US$1.8bn compared to prior forecasts of US$905-US$915mln