Zoom’s boom continues in 1Q, raising post-pandemic hopes
Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the easing pandemic lessens the need for virtual meetings.
Some signs for optimism emerged in the companys latest quarterly earnings report released Tuesday. That fueled a modest rally in Zoom’s recently slumping stock.
Zoom CEO Eric Yuan sought to reassure Wall Street that the San Jose, California, company will still play a key role in an evolving environment that is expected…