Zoom saw its quarterly revenue jump 367% to $ 777.2 million in the third quarter ended October 31, 2020.
According to Arabiya Net, the company working in the field of unified video communication stated that the number of its customers increased in the third quarter of this year by 440 million customers, an increase of more than 84%.
and touched Zoom's quarterly profit, of $ 200 million, compared to only $ 2 million in the same period last year.
In the current quarter, ending in January, Zoom growth is expected to remain strong at 288%, followed by 116% in the coming period, then things will start to slow Largely based on analysts' estimates.
, an analyst at Mizuho Securities Citi Bangrahey wrote: We still see the Zoom platform benefiting even in the post-COVID-19 scenario, as virtual encounters have become a necessary component of how Businesses communicate during the pandemic.
and in a report on November 9th, he recommended buying the stock, adding that the epidemic also increased the platform's exposure and spread in the long term to become part of the business environment in the future. < / p>
