Ever since Zoom Video Communications (NASDAQ:ZM) went public, it has been receiving non-stop market attention. And this week has been no different. Yesterday, the video conferencing software company posted its first quarterly results as a public company, and twenty-four hours later, ZM stock closed the day up nearly 20%.
Here’s what we know.
ZM Stock Increases on Earnings ReportOn Thursday, June 6, Zoom Video Communications released its first quarterly results, surpassing Wall Street expectations.
According to the San Jose, California-based company, Q1 sales more than doubled over last year, coming in ...
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