Wall Street

Zoom reports slowest quarterly revenue growth since going public

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Reuters UK

(Reuters) – Zoom Video Communications Inc on Monday reported its slowest quarterly revenue growth since the company went public, as demand for its video-conferencing tools eased as people returned to work. The company said revenue rose 12% to $1.07 billion in the first quarter ended April 30, in-line with Wall Street estimates, according to Refinitiv data. (Reporting by Eva Mathews in Bengaluru; Editing by Amy Caren Daniel)

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