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Zoom’s enterprise bet is delayed as company cuts sales forecast

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Software maker’s revenue projection falls short of estimates as company reports lowest quarterly sales gain in its history

Zoom Video Communications’s results showed that its transition from an essential Covid-era tool to an enterprise business platform is going to take longer than expected. The shares fell the most in nine months.

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Zoom’s enterprise bet is delayed as company cuts sales forecastZoom Video Communications Inc.’s results showed that its transition from an essential Covid-era tool to an enterprise business platform is going to take longer than expected.
Source: BusinessTechSA - 🏆 24. / 61 Read more »