Zoom sees more expansion after 'unprecedented' 2020
Zoom boss Eric Yuan, whose business exploded through the pandemic, says working at home is here to remain.
The video conferencing company expects sales to rise more than 40% this season, reaching a lot more than $3.7bn (£2.66bn).
The forecast pushed shares in the business up a lot more than 6% in after-hours trade in New York.
Investors have been viewing for clues as to how the organization would fare as even more persons get vaccinated and social distancing restrictions lift.
Zoom said it did not expect growth to continue at the pace it again enjoyed this past year, but so far business remains strong.
The firm's sales within the last three months of 2020 were up 370% when compared to same period in 2019, hitting $882.5m.
"The fourth one fourth marked a strong finish to an unprecedented year for Zoom," company boss Eric Yuan said. "
