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Economy

Zoom’s benefits are multiplied by 12 during the COVID-19 pandemic

San Francisco (USA.) / Net video conferencing company Zoom’s net profits increased 12-fold between February and April from the same period last year, an unprecedented growth for a virtually unknown firm that has become ubiquitous with the COVID-19 pandemic.

During the first quarter of its fiscal year, the company based in San José (California, USA) billed $ 328 million, 169% more than the $ 122 million in the same period of 2019, and earned $ 27 million, 12 times more than the 2.2 million in April of last year.

For their part, the shareholders of the videoconferencing company pocketed 10 cents per share in the past three months, a figure not comparable to last year because at that time Zoom had not yet entered the stock market.

The company has become one of the most international symbols of the COVID-19 pandemic, since in a matter of weeks it has gone from having an almost marginal presence in the market to being a fundamental tool in the daily lives of millions of people.

Schools, companies and public institutions around the world hold the meetings they used to do in person at Zoom, and the number of clients with more than ten users reached 265,400 in April, 354% more than a year ago.

Criticism of security breaches

Despite the company’s resounding success over the past few months, it has also come under criticism from various fronts for its security flaws, which, for example, allow third parties to “sneak in” on meetings to which they have not been invited and for problems with the management of user privacy.

“The COVID-19 crisis has triggered the demand for face-to-face interactions using Zoom. The number of users has grown rapidly, as people have integrated Zoom into their lives, work and education, ”said founder and CEO of Zoom Eric Yuan when presenting the accounts.

For the fiscal year as a whole, the company projected revenues of between $ 1,775 and $ 1.8 billion.

Zoom’s strong results, however, fell short of analysts’ expectations, and the company’s shares fell 2.81% to $ 202.59 per share in post-market electronic trading at Wall Street. (June 3, 2020, EFE / PracticaEspañol)

(Automatic translation)

Comprensión

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Question 1
Principalmente el texto habla...
A
de los mercados de valores de Wall Street de forma genérica.
B
de cómo se está comunicando mucha gente desde que comenzó la pandemia del COVID-19.
C
de los beneficios que ha obtenido Zoom.
Question 2
En el texto se dice que...
A
Zoom ha obtenido menos beneficio que el año anterior.
B
Zoom ha obtenido el mismo beneficio que el año anterior.
C
el benefio que ha obtenido Zoom en ese periodo es 12 veces superior al del año pasado.
Question 3
Tras leer el texto entendemos que...
A
cada vez menos personas hablan por videoconferencia.
B
desde que comenzó la pandemia se ha incrementado notablemente el uso de Zoom entre la gente.
C
casi todo el mundo ya utilizaba Zoom antes del inicio de la pandemia del COVID-19.
Question 4
En el texto se dice que...
A
Zoom facturó solo 2,2 millones de dólares en el primer trimestre de este año.
B
las acciones de Zoom subieron un 169% en el primer trimestre de este año.
C
Zoom tuvo doscientos sesenta y cinco mil cuatrocientos clientes en el mes de abril de este año.
Question 5
Zoom no ha recibido ningún tipo de crítica.
A
Así es.
B
No se sabe.
C
Para nada.
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Vocabulario

Congratulations - you have completed . You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%
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Question 1
La escritura correcta de "328.000.000" es...
A
"trescientos veintiocho millones".
B
"tres millones veintiocho mil".
C
"trescientos y veintiocho mil".
Question 2
"354 %" se lee...
A
"trescientos cincuenta y cuatro por ciento".
B
"trescientos cincuenta y cuatro para ciento".
C
"trescientos y cincuenta y cuatro por cien".
Question 3
La escritura correcta de "1.775.000.000" es...
A
"un millón setecientos setenta y cinco mil".
B
"mil setecientos setenta y cinco mil".
C
"mil setecientos setenta y cinco millones".
Question 4
"Por entonces" quiere decir...
A
"en ningún momento".
B
"de ahora en adelante".
C
"por ese tiempo" o "por ese momento".
Question 5
El artículo determinado para 'día' es...
A
la
B
lo
C
el
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