Zoom's Revenues Soar 191 Percent Exceeding $956 Million

The video conferencing service saw revenue jump by 191 percent to $956.2 million in the first fiscal quarter of the year, which ended in late April.

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Profits jumped to $227.4 million from 27 million dollars a year earlier, according to Zoom after the US stock market closed on Tuesday, Deutsche press agency (dpa).

The figures easily exceeded analysts' expectations.

Zoom is also preparing for many workers to return to offices.

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Chief executive Eric Yuan's plans include positioning Zoom for use in businesses as a phone service as well as a video conference platform.