Zoom shares fell after the report as Wall Street became more sceptical about growth.
2021-11-23
Reuters reports that Zoom Video Communications Inc’s (ZM.O) third-quarter sales growth rate dropped to 35% as demand for its video-conferencing tools fell from pandemic-fueled highs last year, sending the company’s shares down around 6% on Monday. Zoom reported $1.05 billion in revenue for the fiscal quarter ending Oct. 31, upRead More →