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NetworkNewsBreaks – Zoom Video Communications, Inc. (NASDAQ: ZM) Featured in Analysis Report

Company: Zoom Video Communications, Inc. (ZM)
Category: Analyst Alerts

Zoom Video Communications (NASDAQ: ZM) was featured in a recent analysis report that detailed the company’s standing ahead of its recently released financial results for the quarter ended July 31, 2020. The report, written by LikeFolio Founder Andy Swan, reads, “Talk about being in the right place at the right time. Consumer demand and adoption of Zoom’s video conferencing platform boomed during quarantine as consumers sought ways to stay connected socially and at work/school. Purchase Intent in 21Q2 was down 31% QoQ, but increased exponentially YoY. Download and usage mentions in 21Q3 reveals a seasonal uptick as students return to school virtually (shaded light green to represent pace one month into the quarter).”

About Zoom

Zoom Video Communications brings teams together to get more done in a secure and frictionless video environment. Zoom’s easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. For more information, visit the company’s website at www.Zoom.com.

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