Zoom cuts annual forecast as revenue growth hits record low

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Shares fell 7 percent in extended trade.

Zoom cuts annual forecast as revenue growth hits record low
Zoom Video Communications on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from Microsoft Teams and Cisco WebEx. Shares of the pandemic darling fell 7 percent in extended trade after it ...

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