Zoom faces test between enterprise segment growth and white-label customer churn
ZM Zoom Communications Inc
$99.80 +2.15%
View chart & analysis → - 1Zoom's enterprise segment revenue growth recorded 7.8% last quarter.
- 2Management mentioned that white-label customer churn will be a drag on growth in the second half of this year.
- 3Management lowered the annual outlook for the online business from slight growth to flat.
So what's the key point?
Zoom's enterprise segment revenue grew by 7.8%. However, growth may stagnate due to customer churn and a lowered outlook for the online business.
Source Earnings Whispers · View original ↗
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