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Zoom said it now expects revenue in the range of $4.65 billion to $4.66 billion, from its earlier forecast of between $4.63 billion and $4.64 billion

Zoom raises annual revenue and profit forecasts

Zoom Video Communications has raised its forecast for fiscal 2025 revenue and adjusted profit, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.

Business • 26 Nov 24

Zoom said its revenue for the quarter ended July 31 rose 3.6% to $1.14 billion, above expectations of $1.12 billion

Zoom forecasts third quarter profit above estimates

Zoom Video Communications has forecast third-quarter profit above Wall Street estimates, a positive sign for the company that has tried to overcome a post-pandemic slowdown by offering a wider range of collaboration tools.

Business • 22 Aug 23

Zoom announced a 15% reduction in its workforce earlier this month

Zoom forecasts annual profit above estimates

Zoom Video Communications said it will integrate more artificial intelligence into its products and forecast annual profit above Wall Street estimates, sending the company's shares up 8% in extended trading.

Business • 28 Feb 23

Zoom posted triple-digit revenue growth at the peak of the Covid crisis as people stuck at home took to video-conferencing to communicate

Zoom cuts annual forecast as revenue growth hits a low

Zoom Video Communications has cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from Microsoft Teams and Cisco's WebEx.

Business • 23 Aug 22

The easing of restrictions is reflected in the markets

Lifting restrictions is bad for business for some firms

Companies which enjoyed a boom in business over the last two years, are the firms now experiencing a slowdown in growth as economies reopen and restrictions ease.

Business • 30 Jan 22

The deal for Five9 would have been Zoom's biggest-ever acquisition

Zoom and Five9 to terminate $14.7 billion deal

Five9 shareholders voted down the call centre software firm's $14.7 billion sale to Zoom Video Communications, a major blow to Zoom's plan to expand its offerings following its pandemic boom.

Business • 01 Oct 21

Zoom has indicated a faster than expected easing in demand for its video conferencing service after a pandemic-driven boom

Zoom growth forecast takes shine off billion-dollar Q2

Zoom Video Communications posted its first billion-dollar revenue quarter but signaled a faster than expected easing in demand for its video conferencing service after a pandemic-driven boom, sending its shares tumbling 11%.

Business • 31 Aug 21

Zoom posted adjusted profit of $1.32 per share on revenue that nearly tripled to $956.2m in the first quarter

Zoom forecasts upbeat revenue, eyes hybrid work boost

Zoom Video Communications has forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by companies is expected to drive steady demand for its video conferencing tools.

Business • 02 Jun 21

Zoom said its revenue rose 355% to $663.5m, topping analysts' average estimate of $500.5m

Zoom eyes sales surge on video conferencing growth

Zoom Video Communications has raised its annual revenue forecast by more than 30% after comfortably beating quarterly estimates as it converts more of its huge free user base to paid subscriptions.

Business • 01 Sep 20

Zoom has attracted millions of free and paying customers as the coronavirus outbreak forced more people to work from home

Zoom to offer end-to-end encryption for all users

Zoom Video Communications will offer its free and paying users end-to-end encryption for video calls and launch a trial version in July, the video conferencing provider has said.

Business • 18 Jun 20

Zoom has seen daily meeting participants rocket from 10 million in December to 300 million

Oracle wins cloud computing deal with Zoom

Zoom Video Communications has started using Oracle's cloud computing service to help handle the surge in online video call volumes brought on by the novel coronavirus pandemic.

Business • 29 Apr 20