Today after Bell, Zoom reported its Q4 earnings. The company's sales of $ 188.3 million and adjusted earnings per share of $ 0.15 exceeded expectations, including $ 176.55 million in sales and earnings per share of $ 0.07 according to Yahoo Finance.
Zoom lost several points during a broad market rally has been a hot company in recent months. The profile was sharpened due to its position as an accidental benefactor of the global confrontation with the novel corona virus. As more countries and companies emphasized staying at home and working remotely, Zoom's video conferencing tool was expected to see increasing usage and demand.
The company's shares fell sharply after reporting earnings.
What follows is an insight into Zoom's Q4 results, expectations for the coming period, and what these numbers have to say about the infection and its effects. We will conclude with notes from startups developing remote-friendly products and what they see locally regarding the demand for their services in this bleakly fascinating period of history.