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San Jose (dpa) - The video conference service Zoom expects strong growth for this year after the explosive growth in the Corona crisis.
For the current financial year, the company is aiming for a sales increase of at least 42 percent.
Investors celebrated the fresh quarterly figures and the forecast with a price jump of around nine percent at times in after-hours trading on Monday.
In the past fiscal year, which ended at the end of January, sales jumped from 623 million to 2.65 billion dollars (2.19 billion euros).
The big question is how far Zoom can still grow - or whether the company has largely exhausted its market potential in the corona boom with lockdowns and home work.
It is also still uncertain how much video conferences will remain anchored in everyday life after the end of the pandemic.
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Zoom's plan for the future is to use its strong position in video conferences as a bridgehead in order to permanently establish itself in the future everyday office life.
The key to this is telephony: Zoom Phone is intended to replace the company's previous telephone systems and at the same time allow seamless integration with video conferences.
In the past quarter, Zoom won telephone customers, among others, the University of South Carolina with 21,000 lines and the world's largest music company Universal Music.
Zoom had moved into a new league with the Corona crisis.
The company was originally supposed to provide video conferencing for companies.
During the pandemic, however, it was not only used in companies: private individuals also use Zoom for all kinds of opportunities - from family reunions to yoga classes.
Zoom still earns its money from doing business with larger companies.
At the end of the fiscal year, Zoom had over 467,000 customers with more than ten employees - around 33,000 added within three months.
Such customers brought in 63 percent of the proceeds.
With its telephony offer, Zoom has so far won 10,700 customers with more than ten employees.
He also wants to increasingly establish Zoom as a platform for online events, said founder and boss Eric Yuan in a video conference with analysts.
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In the past quarter, sales rose to $ 882.5 million.
A year earlier it was a good $ 188 million.
The quarterly profit shot up from 15 million to 260 million dollars.
For the entire fiscal year, a surplus of $ 671.5 million remained on the balance sheet - after a comparatively meager $ 25 million in the previous year.
© dpa-infocom, dpa: 210302-99-647824 / 2