Videoconconding “Zoom” sales increased 4.5 times over three months at 5:56 p.m. on September 1, with an increase in telecommiss work
The company that operates Zoom, a videoconconsconding system, announced its financial results for the three months leading up to July, and sales increased 4.5 times compared to the same period in the previous year due to the increase in telecombial work due to the spread of the new coronavirus.
Zoom, a videoconviding system, is a service that allows multiple users to talk on the Internet, and is rapidly spreading due to the spread of the new coronavirus, which has increased the number of telecommiscokes and online classes worldwide.
Zoom Video Communications, the U.S. IT company that operates the system, today announced its financial results for the three months to July, with sales of more than USD 663 million, more than 4.5 times the same period in the previous year, and more than 69 billion yen in Japanese yen.
In addition, the final profit increased 33 times, resulting in a significant increase in sales and profits of more than 185 million dollars and more than 19 billion yen in Japanese yen.
The company said it expected solid results to continue for the next three months.
“Companies and other organizations are moving from responding to business continuity to supporting a future in which they can work, learn, and connect anywhere,” said Eric Yuan, CEO of the company.