ZDnet:

Zoom may have had one of the most torrid quarters of growth, crisis and rising expectations in recent memory. And on June 2, we get to see how this Zoom boom played out.

When Zoom reports its first quarter earnings on June 2 we'll get a first glimpse of the company's new normal. Wall Street is expecting Zoom to report first quarter revenue of $202.5 billion with a non-GAAP profit of 9 cents a share. In the fourth quarter, Zoom delivered revenue of $622.7 billion.

Simply put, 3 months ago Zoom operated in a different world with smaller expectations and a longer growth horizon. The COVID-19 pandemic changed all of that in just a few weeks.

Since Zoom last reported earnings on March 4 the world has changed dramatically amid the COVID-19 pandemic, move to remote work and economic fallout. When Zoom reported its fourth quarter earnings on March 4, the company didn't mention the COVID-19 pandemic in its press release. CEO Eric Yuan said the company added customers and executed well.

As work-from-home arrangements became the norm as countries locked down their economies, Zoom went from and enterprise video collaboration platform to one of those rare companies that became a verb. We don't Skype. We don't Microsoft Teams. We don't Google Meet. We don't WebEx. We Zoom even when we're using another platform, say Blue Jeans or GoToMeeting. Zoom became a public company with a go-to-market strategy that relied on the upsell, viral demand and word of mouth. Zoom had buzz and then some.

Enter Zoom happy hours. Zoom birthdays. Zoom doctor appointments. Even Zoom funerals. Families stayed connected, educational institutions went to class virtually and enterprises realized that they could maintain productivity and sales with the help of collaboration tools like Zoom. Even UK parliament ran on Zoom. Zoom quickly rushed out differentiating features such as backdrops that weren't exactly green screen quality, but good enough. Folks even discovered Zoom fatigue as usage surged.

Indeed, Zoom was anointed one of the winners in the new normal economy along with companies like Slack as well as cloud giants AWS, Microsoft and Google and other collaboration players. Zoom's stock chart is worth 1,000 words.

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