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Zoom raises annual revenue forecast
Aug 22, 2024 1:41 AM

Aug 21 (Reuters) - Zoom Video Communications ( ZM )

raised its annual revenue forecast on Wednesday, driven by

strong demand for its AI-powered collaboration tools amid

continued adoption of hybrid work models.

The company expects revenue to be between $4.63 billion and

$4.64 billion for fiscal 2025, compared with the $4.61 billion

and $4.62 billion forecast earlier. Analysts on average estimate

$4.62 billion, according to LSEG data.

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