deidre bossa is back w >> some the world's biggest companies use it for meetings.se it to chat with friend, family and even for personal training sessions, t this isn't facetime or skype. it's zoom, a videoconference start-up that has made a name for itself in a very crowded landscape and it's about to enter this year's class of 2019 initial public ofrings. this week it will join other names like lyft and soon uber and tapping public markets the very first time. these companies are very disrupted. some are possible and some will not andhe revenue -- the height around him makes him think these are significant companies and not necessarily at that size. among lyft who is burning their businesses, zoom is already profitable and it's growing e, reveer than doubling revenue last year. since it lafrunch in 2012, the customer base includes pandora and wells fargo, b as all of this year's tech ipos how it performs in the weeks and month aheadnot guaranteed. zoom has to stay competitive to keep its edge in a field thates inclig enterprise and consumer name alike, cisco, mic

for "nightly business report" i'm deidre bossa, san francisco. >> l's turn to talk about the numbersonight, senior equity analyst at cfra research. good to see you again. welcome back. >> thank you. >> for years, their growths was so strong they're profitable and sales growth are fatter.and their profits what do you make of that? >> there is better visibility in terms of the operating outlook. it's pretty clear to us that the company is on some kind of momentum in terms of generating cash flow andoth of those metrix are almost double compared t a year-ago level and as was indicated, the amazon web servicesontinues to outperform expectation. >> however, analysts love to point things out sedetail and while 41% growth rate in the sales of their cloud service is strong. it's not as strong whent was 49% sales growth. is that a warning sign o any kind? >> i wouldn't read into that as a warning sign. there's no question, bill, that the cloud computing space hastt a lot more competitive, but if you look at that division, they also reported over 300 b pisnts of margin and just this quarter. t

let's get to deidre bossa. >> amazon higher in the after hours despite calls falling short at the callbrian mentioned that amazon will be spending a lot and part of that is on one-day shipping and investors reacting well to that. have a listen. >> turning into q2, illike to te tell you why that's lower and we are improving the prime two-day shipping program to a free one-day shipping program and we are able to do this because we spent 20-plus years of expanding the fulfillment network and this is still a big investment and a lot of work to do ahead of us. for q2 guidance we've included approximately $800 million of incremental spend related to this investment. >> it seems that investors are willing to stomach slower growth and higher spending because profits are rising and amazon by spending will continue to take more market. >> deidre, thank you let's get back to gene munster gene, you had a bold prediction before the conference call kicked off we are getting more spending and the stock is up, though. so what did you make of it so far? >> i want to break this spending down quickly in