Zoom reports strong Q1, ups outlook, adds to swelling customer base

Zoom reported strong results in its first quarterly report since its IPO. The company reported first quarter earnings of $200,000, or break even on a per share basis, on revenue of $122 million, up 103% from a year ago. Non-GAAP earnings for the first quarter were 3 cents a share. Wall Street was looking for non-GAAP earnings of 1 cents a share for the first quarter on revenue of $111.7 million….

June 6, 2019