Zoom's Q2 Earnings Shine -- and Business Travel May Never Be the Same

Zoom's Q2 Earnings Shine -- and Business Travel May Never Be the Same

Zoom Video Communications (NASDAQ: ZM) obliterated all expectations again during the worst of the economic lockdown brought on by the coronavirus pandemic, and shares are now up 600% so far in 2020 as of this writing. It's easy to be drawn in by the incredible financial figures the video conferencing company is posting, but the implications of Zoom's rise go far deeper than a great (and incredibly fast) growth story. In its second-quarter fiscal 2021 earnings report, Zoom posted a 355% increase in revenue to $664 million ($146 million a year ago).