Zoom Communications forecasts downbeat annual revenue
1. ZM revenue forecast below estimates; weak demand for conferencing tools noted. 2. Employers moving away from hybrid work models signals revenue challenges for ZM.
1. ZM revenue forecast below estimates; weak demand for conferencing tools noted. 2. Employers moving away from hybrid work models signals revenue challenges for ZM.
The lower revenue forecast points to weak demand, similar to past tech earnings misses that led to share price declines.
The announcement directly affects revenue expectations and investor sentiment, likely influencing near-term price performance.
Immediate investor reaction is expected due to the revenue miss, although long-term structural shifts are less clear.