The Most Impressive Part of Zoom's Earnings Report

The Most Impressive Part of Zoom's Earnings Report
Jeremy Bowman, The Motley Fool

Not a lot of companies can generate 300% revenue growth and still get shrugged off by the market. Such is the case with Zoom Video Communications (NASDAQ: ZM), the videoconferencing phenomenon that's been arguably the biggest winner in the pandemic. Zoom posted 367% revenue growth to $777.2 million, and it delivered adjusted net income of $297.2 million, good for a net profit margin of nearly 40%, up from $25.2 million a year ago.