Zoom revenue rockets amid pandemic

Tom Wright
clock • 1 min read

Sales climb 355 per cent

Zoom saw sales more than quadruple in its last quarter as uptake rocketed throughout the COVID-19 pandemic. Revenue shot up 355 per cent year on year to $663.5m for the three months ending 31 Ju...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Dion Smith, Zoom

Vendor

clock 21 February 2024 • 4 min read
Zoom layoffs total 150 as video giant turns attention to 'critical' areas, including AI

Vendor

Videoconferencing giant is cutting 150 jobs as it "rescopes" some roles with a focus on areas of future growth, including AI, sales and product in the latest round of 2024 tech layoffs

clock 02 February 2024 • 2 min read
Zoom to revisit Five9 acquisition after prior bid fails

Vendor

Video conferencing giant Zoom is said to be exploring a new acquisition attempt of contact centre software maker Five9

clock 06 December 2023 • 1 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read