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Zoom beats guidance again as revenues grow nearly five-fold in Q3

2020-12-01 08:56:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported revenues of USD 777.1 million for its fiscal third quarter to October, growing nearly five-fold from USD 166.6 million in the year-earlier period thanks to demand from home workers for its videoconferencing platform. After the better-than-expected sales, the company raised its full-year revenue forecast to USD 2.575-2.580 billion from an estimate in late August of USD 2.37-2.39 billion.

Tags: in grow zoom guidance

 

Business borrowing from banks 'up fivefold' amid coronavirus

2020-11-02 01:15:48| BBC News | Business | UK Edition

Firms have been adding to their borrowing in order to survive the pandemic as many have seen sales slump.

Tags: business banks amid borrowing

 
 

Air bp and Neste agree to offer a five-fold increase in volume of sustainable aviation fuel in Europe

2020-08-20 10:55:38| Green Car Congress

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Adamas: market for magnet rare earth oxides to increase five-fold by 2030

2020-08-18 10:55:42| Green Car Congress

Tags: market increase earth rare

 

Coronavirus: Redundancies rise fivefold as pandemic hits jobs

2020-08-09 01:01:08| BBC News | Business | UK Edition

A Freedom of Information request shows a rapid rise in firms in June saying they were cutting staff.

Tags: jobs hits rise pandemic

 

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