June 04, 20 - 11:35 am - LABS

Zoom’s revenue grew 169% due to COVID-19

On Tuesday, Zoom announced its Q1 results for the fiscal year of 2021, which exceeded (and by far) market forecast. As expected, the company was benefited by the isolation measures imposed by the COVID-19 pandemic, which forced companies, governments, and individuals, in general, to use digital communication methods to continue their activities.

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