SAN FRANCISCO — The Zoom video conferencing platform on Monday reported a strong finish to its fiscal year as revenue and use soared due to the pandemic.
The quarterly earnings report came with a forecast by the company that it will grow some 40 percent in the current year despite the likelihood that vaccines will make remote work and school less of a necessity.
Zoom video conferences have become a centerpiece of life during the pandemic, as people use them for jobs, education, and socializing.
“The fourth quarter marked a strong finish to an unprecedented year for Zoom,” chief executive Eric Yuan said in an earning release.
“We are humbled by our role as a trusted partner …
Keep on reading: Zoom earnings strong at close of pandemic-plagued year