Zoom Communications: New Initiatives To Potentially Usher A New Growth Era
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Zoom Communications reported a 3.59% year-over-year revenue growth in Q3 2024, reaching $1.18 billion. The company has improved its operating and net margins and is expanding beyond video conferencing with new products like Virtual Agents and Workvivo. For FY 2025, Zoom projects $4.65 billion in revenue and a non-GAAP operating margin of 38.92%.
February 03, 2025 | 9:15 pm
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Zoom Communications reported a 3.59% revenue growth in Q3 2024, with significant improvements in operating and net margins. The company is diversifying its offerings with new products, projecting $4.65 billion in revenue for FY 2025.
Zoom's revenue growth and improved margins indicate strong financial health. The introduction of new products suggests potential for future growth, supporting a positive short-term outlook.
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