
SAN JOSE, U.S. -- Zoom, the videoconferencing service provider, reported better-than-expected quarterly results on Wednesday as well as a surge in user numbers due to the coronavirus outbreak, making it one of the few listed companies to see a boost from the ongoing crisis.
The San Jose, California-based company has seen its share price rise more than 70% this year to $116.80 just before its latest quarterly results on Wednesday, after debuting on Nasdaq last April at $62 per share.