Zoom expects to beat expectations with over $985M revenue this quarter

The coronavirus pandemic is still looming, and most companies are working in a hybrid model if not sticking to the work from home rigmarole. But that means conferencing platforms such as Zoom become extremely important. The company also believes the current situation will help it earn more money and beat analyst expectations this quarter. A Reuters report noted that Zoom expects to cash in $985 million to $990 in revenue this quarter — much higher than the analysts’ figure of $931.8 million. The company clocked in a revenue of $952 million for the quarter that ended on April 30 — a…

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