Zoom Communications forecasts downbeat annual revenue-March 2024-www.financetom.com

Zoom Communications forecasts downbeat annual revenue

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Zoom Communications forecasts downbeat annual revenue

Feb 24, 2025 1:35 PM

Feb 24 (Reuters) - Zoom Communications ( ZM ) 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.

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