Reported about 2 months ago
Zoom Video Communications has raised its annual revenue forecast due to strong demand for its AI-driven tools used in hybrid work setups, with significant growth in large accounts and its AI-powered Contact Center attracting major clients. The company strives to maintain this momentum despite leadership changes, as CFO Kelly Steckelberg announces her departure. Despite the challenges, Zoom's second-quarter revenue surpassed expectations, indicating a solid performance in a competitive market.
Source: YAHOO