Zoom's customer count rose sharply and revenue almost tripled in the first quarter, signaling the company is enjoying robust customer growth as offices open
Zoom Video Communications Inc.’s customer count rose sharply and revenue almost tripled in the first quarter, signaling the tech darling of the pandemic era is enjoying robust customer growth as offices open back up.during the pandemic as remote work and distance learning took off, has been expanding beyond its initial focus on communications and collaboration to offer services such as webinars, chat and third-party applications.
Zoom shares, which closed down slightly Tuesday at $327.72, rose 2% in after-hours trading following the earnings report.
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