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Technology Zoom Video lowers sales outlook for the entire year

11:40  22 november  2022
11:40  22 november  2022 Source:   pressfrom.com

The Pandemic May Have Changed Gun Ownership In America For The Long Haul

  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.

ARCHIV: Das Logo von Zoom Video Communications auf der NASDAQ MarketSite in New York © Thomson Reuters Archive: The Logo of Zoom Video Communications on the Nasdaq Marketday Market site in New York

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 berlin.newsroom@thomsonreuters.com (for politics and economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets). )

Column: Closing out 2022, Trump has supplanted Nixon as the saddest figure in post-presidential politics .
Nixon in exile still enjoyed the respect not just of his friends but of his enemies. Trump has no friends and his pathetic record of lies stands alone.The passage comes to mind as we close out Donald Trump’s annus horribilis, during which he supplanted Nixon as the saddest figure in post-presidential politics. The Jan. 6 committee, despite its flaws, succeeded in establishing a damning official record (largely told by his own aides) of his attempt to steal the presidency. A special prosecutor is on his case(s). His tax returns are out for all to see.

usr: 1
This is interesting!