31-08-2020 22:26 via feedproxy.google.com

Zoom's stock soars as it reports blockbuster earnings with 355% revenue growth

Zoom CEO Eric Yuan.
Reuters/Carlo AllegriZoom reported 355% revenue growth from a year prior in its second quarter earnings on Monday.Zoom's business has grown tremendously this year due to the coronavirus pandemic and the subsequent remote work mandates. The second quarter's beat follows Zoom's blockbuster Q1 earnings report in June, when it reported 169% revenue growth from a year prior. Visit Business Insider's homepage for more stories.Zoom stock rose roughly 23% after-hours on Mo
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