Zoom Is Facing 1 Headwind That Could Challenge Its Return to Growth
Zoom(ZM) The Motley Fool·2024-02-10 22:30
When I purchased shares of Zoom Video Communications (ZM 2.82%) in late 2021, I knew its growth wouldn't be as good as it had been in 2020 and early 2021. However, I believed the adoption of Zoom's other products -- Phone, Rooms, and (later) Contact Center -- would provide enough of a runway for it to still be a good investment.It's now 2024, and while adoption of Zoom's other products has been great, its top-line growth has disappointingly been almost nonexistent. Revenue in its fiscal 2024 third quarter w ...