Zoom reported its first ever earnings on Thursday and topped Wall Street's expectations. Here's what Zoom is planning for the coming year.
generated revenues of $122 million, up 103% from this time during the previous year. Those figures handily beat Wall Street estimates.
"If you look at the video collaboration and phone system, it's also a huge opportunity," Zoom CEO and founder Eric Yuan said on the earnings call."As long as we don't lose focus, it will keep us busy for the next several years."Earnings per share : $0.03.EPS : $0.01 to $0.02. "When you see the phone system and look at the enterprise today, many people are still using old fashioned on-prem phone systems," Yuan said on the earnings call."Zoom can truly help with that."Video-conferencing company Zoom soared 81% in its first day of public trading — now its CEO and CFO are focusing on these 3 goals
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