Zoom Communications forecasts downbeat annual revenue

Zoom Communications

24/02/2025 21:08

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))