Zoom Q2 Earnings to Rise Over 26%, Revenue to Jump Nearly 50%
- Date: 26-Aug-2021
- Source: Yahoo News
- Sector:Technology
- Country:Middle East
Zoom Q2 Earnings to Rise Over 26%, Revenue to Jump Nearly 50%
The San Jose, California-based communications technology company Zoom is expected to report its second-quarter earnings of $1.16 per share, which represents year-over-year growth of over 26% from $0.92 per share seen in the same period a year ago.
The company, which provides video telephony and online chat services through a cloud-based peer-to-peer software platform, would post revenue growth of about 50% to $990.2 million. Zoom will report 2Q FY22 earnings after market close on Monday, August 30th.