LNU 4.17% 2.3¢ linius technologies limited

Zoom profits boom.-...

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    Zoom profits boom.- https://www.bbc.com/news/business-53979632

    Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts' expectations of $500.5m.Profits soared to $186m, while customer growth rose 458%, compared with the same period in 2019.Video conferencing apps remain crucial due to the increase in remote working.

    It seems that Zoom is making $663.5 mil per quarter.
    It would be nice (good, great, tremendous) to know that Linius would put a huge dint in that revenue.
    Years ago I posted that not only did Linius need clients but clients need Linius. This is proving correct.
    Cheers
 
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