Zoom Doubles Its Full-Year Guidance on Blockbuster Earnings Results
Zoom Video Communications (NASDAQ: ZM) has been one of the biggest stock gainers of 2020 -- it was up more than 200% year to date going into its fiscal 2021 first-quarter earnings report late Tuesday, with a serious amount of future growth built into its stock price. It isn't just the financial metrics that illustrated the accelerating adoption Zoom experienced during the quarter -- the customer metrics were equally impressive. The company cited both the acquisition of new customers and expansion across its existing customer base as helping drive its robust revenue growth.