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Zoom issues disappointing revenue forecast as growth continues to slow

Video conferencing platform Zoom issued a dissapointing forecast as part of its 2022 fourth quarter financial results last night, as some workers start to return to the office and customers slow down their investment in video technology.

While quarterly revenue was up 21% year-on-year to $1.07 billion, this represented a deceleration from 35% growth in the previous quarter.

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Source:: Computerworld