Zoom Communications forecasts downbeat annual revenue

Reuters
25 Feb
<a href="https://laohu8.com/S/ZM">Zoom</a> Communications forecasts downbeat annual revenue

Feb 24 (Reuters) - Zoom Communications ZM.O forecast annual revenue below Wall Street estimates on Monday, in a sign of weak demand for its wide range of conferencing tools as employers gradually move away from hybrid work models.

The company expects fiscal 2026 revenue between $4.79 billion and $4.80 billion, compared with the average analyst estimate of $4.81 billion, according to data compiled by LSEG.

(Reporting by Juby Babu in Mexico City; Editing by Shounak Dasgupta)

((Juby.Babu@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10