Zoom Video Indicates Normalization Ends and Growth Resumes
Zoom(ZM) MarketBeat·2024-03-05 19:11
Key PointsZoom Video has resumed growth after years of normalization in the post-COVID era.Enterprise customers rose 3.5% YoY to 220,400 in Q4 2023, and the company initiated a $1.5 billion stock buyback.Zoom Video shares trade at 14.5X forward earnings.5 stocks we like better than Zoom Video CommunicationsZoom Video Communications Inc. NASDAQ: ZM has been trying to work through normalization after its monstrous pandemic surge in 2021. In the following post-COVID years, Zoom Video has been struggling to sta ...