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Was the company able to generate additional value for shareholders via the IPO? In my opinion, Yes. It has some stiff competition from the likes

Was the company able to generate additional value for shareholders via the IPO?
In my opinion, Yes. It has some stiff competition from the likes of Microsoft (MSFT) and Cisco (CSCO), which could prove difficult in the future. But for now, the company's stock is riding high. Zoom stands out among recent tech offerings because it is profitable. Most others are going public while still bleeding lots of red ink. The company swung from a net loss of about $4.8 million for the year ended January 31, 2018, to a profit of $7.6 million in the 2019 fiscal year that ended two months ago. Revenue shot up by 543 percent in the past three fiscal years to $330.5 million. In this situation, Zoom could bring additional value to shareholders.
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