 "zoom, video conference, tech, app")
Zoom Video Communications projected annual revenue that would top analysts’ estimates, signalling the video meeting service expects to remain a ubiquitous presence in daily life even as the pandemic recedes. Shares jumped about 10 per cent extended trading.
Sales will be as much as $3.78 billion in fiscal year 2022, the San Jose, California-based company said on Monday in a statement. While the projected annual revenue growth of 43 per cent is far short of Zoom’s 326 per cent increase in the fiscal year ended January 31, it topped the 37 per cent average estimate of analysts, according to data
