This came after Zoom reported adjusted earnings earlier this week of $1.22 per share on revenue of $882.5 million, a 369% year-over-year increase.
“The fourth quarter marked a strong finish to an unprecedented year for Zoom. In FY2021, we significantly scaled our business to provide critical communications and collaboration services to our customers and the global community in response to the pandemic," said CEO Eric Yuan.
Jim Cramer weighs in on the stock on Tuesday. Watch his full remarks here.
Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Wednesday