(This story is for CNBC Pro subscribers only.)
Zoom Video has been one of the hottest stocks of the pandemic era, and its first quarter results still managed to leave Wall Street analysts stunned.
The video conferencing company reported adjusted earnings per share of 20 cents on $328.2 million of revenue. Analysts expected 9 cents per share and $202.7 million of revenue, according to Refinitiv.
The stock is already up more than 200% year to date and has nearly doubled since the beginning of March, when the forced closure of non-essential businesses in many cities created a work-from-home boom.