<\/strong>
Sometimes the little guy with the better mousetrap can beat the tech Goliaths. That is certainly the case with upstart Zoom Video Communications<\/a> Inc. this year.
Late Monday, the video-conferencing company<\/a> posted strong July-quarter sales results that handily beat Wall Street estimates. Zoom<\/a> reported second-quarter revenue of $663.5 million, up 355% from a year earlier, versus the $500 million Bloomberg consensus. It also projected a sales range of $685 million to $690 million for the current quarter, which is higher than the $493 million average analyst estimate. Zoom shares<\/a> rose in after-hours trading, adding to their more than fourfold gains year to date.
Zoom got a big boost this year as the Covid-19 pandemic forced governments to institute lockdown orders, which in turn attracted customers from corporations to schools and other organizations to sign on to its easy-to-use and reliable video-conferencing service as a way to stay connected and productive. Even as restrictions have loosened, these stay-at-home behaviors have taken hold and may become more ingrained in professional life and elsewhere.
Many companies are planning to permanently embrace the new paradigm. For example, Pinterest Inc. revealed last week it will pay $89.5 million to cancel an office lease it signed in 2019. Chief Financial Officer Todd Morgenfeld said the company is “rethinking” its workforce strategy and will move toward a more distributed model in the post-Covid-19 world. If more companies do likewise, it will obviously benefit remote-working cloud-software leaders such as Zoom.
And there are other signals that show how important Zoom’s service has become. Earlier this month, the company announced both Facebook<\/a> Inc. and Alphabet Inc.’s Google<\/a> will add Zoom support on their respective hardware devices – Portal from Facebook and Google Nest Hub Max. These tech giants have their own video-conferencing offerings, and yet still felt compelled to add Zoom capability to their products, a sign of the company’s strong market position.
Zoom’s shares have soared this year. Its impressive performance and outlook for growth shows the company could be worth it. By all measures, the Zoom boom has a lot further to go.
<\/body>","next_sibling":[{"msid":77870212,"title":"Realme V3 5G phone with 5,000mAh battery launched in China","entity_type":"ARTICLE","link":"\/news\/realme-v3-5g-phone-with-5000mah-battery-launched-in-china\/77870212","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"77863890","title":"Zoom - AFP","entity_type":"IMAGES","seopath":"small-biz\/startups\/newsbuzz\/missed-the-zoom-boom-it-still-has-a-ways-to-go\/zoom-afp","category_name":"Missed the Zoom Boom? It still has a ways to go","synopsis":"Zoom\u2019s shares have soared this year. Its impressive performance and outlook for growth shows the company could be worth it. By all measures, the Zoom boom has a lot further to go.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-420454\/77863890.cms?width=150&height=112","link":"\/image\/small-biz\/startups\/newsbuzz\/missed-the-zoom-boom-it-still-has-a-ways-to-go\/zoom-afp\/77863890"}],"msid":77870272,"entity_type":"ARTICLE","title":"Missed the Zoom Boom? It still has a ways to go","synopsis":"Zoom reported second-quarter revenue of $663.5 million, up 355% from a year earlier, versus the $500 million Bloomberg consensus. ","titleseo":"telecomnews\/missed-the-zoom-boom-it-still-has-a-ways-to-go","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":130,"shares":0,"engagementtimems":539000},"Alttitle":{"minfo":""},"artag":"Bloomberg","artdate":"2020-09-01 15:44:14","lastupd":"2020-09-01 15:44:47","breadcrumbTags":["Zoom","Shares","video conferencing","eric yuan","Zoom Video Communications","facebook","company","google","MVAS\/Apps"],"secinfo":{"seolocation":"telecomnews\/missed-the-zoom-boom-it-still-has-a-ways-to-go"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-01" data-index="article_1">
由Tae金
有时候更好的捕鼠器的小家伙能打败科技行业巨头。这的确是暴发户的情况变焦视频通信今年公司。
周一晚些时候,视频会议公司发布强劲的七月季度销售业绩超出华尔街预期。变焦报告第二季度营收为6.635亿美元,较上年同期增长355%,而5亿美元的彭博共识。它也预计销售范围的对当前季度6.85亿美元到6.9亿美元,这是高于分析师平均预估的4.93亿美元。变焦股票在盘后交易中上涨,加重了他们今年迄今超过4倍收益。
变焦今年大大提振了Covid-19流行迫使政府研究所锁定订单,从而吸引客户从公司到学校和其他组织签署其易于使用和可靠的视频会议服务保持联系并富有成效的一种方法。尽管限制放松,这些全职行为已经得到了控制,可能会变得更加根深蒂固的在职业生活和其他地方。
许多公司正计划永久拥抱新范式。例如,Pinterest inc .)上周透露,它将支付8950万美元取消办公室租赁2019年签署。首席财务官托德Morgenfeld表示,该公司是“反思”员工的策略,将朝着更post-Covid-19世界的分布式模型。如果更多的公司做同样的,它将明显受益远程工作云软件领导人如缩放。
还有其他信号显示缩放的服务已经成为多么重要。本月早些时候,该公司宣布脸谱网公司和字母Inc .)谷歌将添加缩放支持各自的硬件设备,从Facebook和谷歌窝中心最大门户。这些科技巨头都有自己的视频会议产品,但仍觉得不得不变焦功能添加到他们的产品,公司的强大的市场地位的一个标志。
变焦今年的股价飙升。其令人印象深刻的表现和增长前景显示该公司可能是值得的。所有的措施,进一步放大的繁荣有很多。
有时候更好的捕鼠器的小家伙能打败科技行业巨头。这的确是暴发户的情况变焦视频通信今年公司。
周一晚些时候,视频会议公司发布强劲的七月季度销售业绩超出华尔街预期。变焦报告第二季度营收为6.635亿美元,较上年同期增长355%,而5亿美元的彭博共识。它也预计销售范围的对当前季度6.85亿美元到6.9亿美元,这是高于分析师平均预估的4.93亿美元。变焦股票在盘后交易中上涨,加重了他们今年迄今超过4倍收益。
变焦今年大大提振了Covid-19流行迫使政府研究所锁定订单,从而吸引客户从公司到学校和其他组织签署其易于使用和可靠的视频会议服务保持联系并富有成效的一种方法。尽管限制放松,这些全职行为已经得到了控制,可能会变得更加根深蒂固的在职业生活和其他地方。
许多公司正计划永久拥抱新范式。例如,Pinterest inc .)上周透露,它将支付8950万美元取消办公室租赁2019年签署。首席财务官托德Morgenfeld表示,该公司是“反思”员工的策略,将朝着更post-Covid-19世界的分布式模型。如果更多的公司做同样的,它将明显受益远程工作云软件领导人如缩放。
还有其他信号显示缩放的服务已经成为多么重要。本月早些时候,该公司宣布脸谱网公司和字母Inc .)谷歌将添加缩放支持各自的硬件设备,从Facebook和谷歌窝中心最大门户。这些科技巨头都有自己的视频会议产品,但仍觉得不得不变焦功能添加到他们的产品,公司的强大的市场地位的一个标志。
变焦今年的股价飙升。其令人印象深刻的表现和增长前景显示该公司可能是值得的。所有的措施,进一步放大的繁荣有很多。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动