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Zoom’s Gross sales Development Slows as Retreat From Pandemic Excessive Continues

Zoom’s Gross sales Development Slows as Retreat From Pandemic Excessive Continues

Zoom Video Communications Inc. gross sales progress faltered within the fourth quarter, signaling that demand for the corporate’s videoconferencing utility is not as entrenched in each day life as extra circumstances from the Covid-19 pandemic start to recede.

The San Jose, Calif.-based firm mentioned its gross sales rose to $1.07 billion for the three months ended Jan. 31, in contrast with $882.5 million a yr earlier. Analysts had been anticipating $1.05 billion in gross sales for the quarter.

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