Technology Zoom Video lowers sales outlook for the entire year
The Pandemic May Have Changed Gun Ownership In America For The Long Haul
Americans are on track for their third-highest gun-buying year, despite a drop in monthly sales.The number of estimated gun sales skyrocketed by 80%, topping 2.3 million in a single month for the first time, according to a data analysis from the National Shooting Sports Foundation, the firearm industry’s trade group. Gun sales brushed against that monthly peak several times over the next year.
Bangalore (Reuters) - the US video service Zoom lowers its sales outlook for the year as a whole.
A falling demand for the video conference platform and increasing competition made Zoom, the company from San Jose announced on Monday after closing. Zoom now expects revenue between $ 4.37 billion and $ 4.38 billion. The company had previously assumed $ 4.40 billion of $ 4.39 billion. However, Zoom increased the outlook for the adjusted result to $ 3.91 to $ 3.94 per share of $ 3.66 to $ 3.69 per share. In the third quarter, the company increased its turnover by five percent to $ 1.1 billion. For some time now, Zoom has been feeling the strong competition from webex from Cisco, Slack from Salesforce and Microsoft Teams as well as Google Meet. In Corona pandemic, the company benefited from the trend to flexible work between home office and office. The zoom shares gave up 3.7 percent in post-market trade.
(Report by Tiyashi Data, written by Birgit Mittwollen. If you have any questions, please contact our editorial team at firstname.lastname@example.org (for politics and economy) or email@example.com (for companies and markets). )
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