financetom
Business
financetom
/
Business
/
Zoom raises annual revenue forecast
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Zoom raises annual revenue forecast
Nov 25, 2024 1:39 PM

Nov 25 (Reuters) - Zoom Video Communications ( ZM )

raised its forecast for fiscal 2025 revenue on Monday,

anticipating robust demand for its online video conferencing

software as it expands its product portfolio, and clients

embrace hybrid working models.

The company 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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Magna Debuting
Magna Debuting "Scalable, Eco-Friendly ICE" to Hybrid Transmission for European OEM
Nov 3, 2024
07:35 AM EDT, 10/29/2024 (MT Newswires) -- Magna (MG.TO, MGA) on Tuesday claimed it is accelerating the industry's move toward a cleaner future with the debut of its innovative Dual Clutch Transmission Eco (DCT Eco) solution for a European OEM. In a statement the company said this contract marks the first high-volume award for the new transmission family and supports...
Abu Dhabi's CYVN Holdings enters non-binding deal to buy McLaren's automotive business
Abu Dhabi's CYVN Holdings enters non-binding deal to buy McLaren's automotive business
Nov 3, 2024
DUBAI (Reuters) - Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100% of carmaker McLaren's automotive business from Mumtalakat, the sovereign wealth fund of Bahrain, the two Gulf firms said on Tuesday. Under the potential deal, CYVN Holdings would also acquire a non-controlling stake in McLaren Group, CYVN and Mumtalakat said in a statement, without...
BRIEF-Territorial Reaffirms Board Of Directors Recommendation That Territorial Shareholders Vote
BRIEF-Territorial Reaffirms Board Of Directors Recommendation That Territorial Shareholders Vote "For" Hope Bancorp Merger
Nov 3, 2024
Oct 29 (Reuters) - Territorial Bancorp Inc ( TBNK ): * TERRITORIAL REAFFIRMS BOARD OF DIRECTORS RECOMMENDATION THAT TERRITORIAL SHAREHOLDERS VOTE FOR HOPE BANCORP MERGER Source text: Further company coverage: ...
BMO on The Day Ahead in Canada
BMO on The Day Ahead in Canada
Nov 3, 2024
07:34 AM EDT, 10/29/2024 (MT Newswires) -- Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers will appear before the House Standing Committee on Finance at 3:30 p.m ET on Tuesday, noted Bank of Montreal (BMO). On Monday, Governor Macklem reaffirmed that monetary policy wasn't on a predetermined path, even as Canada's central bank seeks to normalize...
Copyright 2023-2026 - www.financetom.com All Rights Reserved