Zoom - 10 staggering stats

This is a little old (by internet standards), from 4 June, just after earnings:

https://cloudwars.co/covid-19/zoom-quarter-10-eye-popping-st…

But it was #10 that really stood out for me:

10. The rocket ride will continue.
After responsibly saying that forecasts in today’s troubled climate are difficult to make, Zoom offered Q2 guidance of $495 million to $500 million for the three months ending July 31. If Zoom can hit that $500-million target, that would represent a staggering sequential growth rate of 52.4%.

And I’m betting they beat that guidance by a VERY WIDE margin! :slight_smile:


Paul

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Zoom offered Q2 guidance of $495 million to $500 million

In all likelihood, $500 million was their Q1 exiting run rate. It’s well worth doing the math alongside Saul, right here:

https://discussion.fool.com/quotso-we-have-assumed-multiples-of-…

Chris

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Check out this thread. I posted some thumbnail projections based on that:
https://discussion.fool.com/first-i-want-to-say-my-point-for-the…