Earlier this month, cloud services security provider Qualys (Nasdaq: QLYS) announced its second quarter results. The current pandemic conditions have resulted in an increased demand for security services and Qualys is catering to that through product development and acquisitions.
Zendesk (NYSE: ZEN) recently announced its second quarter results that were ahead of the market’s forecast. The company is still not providing an outlook for the year but remains confident of crossing its targeted billion-dollar revenue milestone this year.
The global pandemic is helping cloud-based companies significantly. Communications PaaS player, Twilio (NYSE: TWLO), is witnessing a strong growth in its financials. Recently, it announced its second quarter results that surpassed market expectations on all fronts.
According to a recent survey, more than half of US-based Finance & Accounting professionals are continuing to prioritize their organization’s finance transformation goals even amid the current pandemic. The survey conducted by financial software provider BlackLine (NASDAQ: BL) found that 53% of those surveyed saw little or no impact of the global pandemic.
Since the onset of the pandemic, Akamai (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, has recorded high traffic levels and strong demand for its cloud security solutions and gaming. Last month, it reported a strong second quarter that beat estimates.
Internet domain provider GoDaddy (NYSE: GDDY) recently announced its second quarter results. The company has been using the current crisis conditions to restructure its operations and financial position. The market is pleased with the actions it is taking.
Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its second quarter results that continued to surpass market expectations. It has been improving its product offering to help gain a bigger foothold in the enterprise segment.
Amazon (NASDAQ: AMZN) recently reported its quarterly results that continued to outpace market expectations. The company is seeing strong growth in both e-commerce and cloud businesses due to global lockdown and virtual working conditions.