💨 Abstract

Zoom Communications forecasts annual revenue below Wall Street estimates, indicating declining demand for its conferencing tools as employers shift from hybrid work models. This weak demand could be due to concerns about the sustainability of video conferencing demand, as well as competition from Microsoft's Teams software. The company expects fiscal 2026 revenue between $4.79 billion and $4.80 billion, lower than analyst estimates of $4.81 billion.

Courtesy: theprint.in

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