SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ: ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective October 7, 2024. Chang brings more than 25 years of experience in financial leadership roles, most recently serving as Corporate Vice President and CFO of Microsoft's Commercial Sales & Partner Organization. Reporting directly to Zoom's founder and CEO Eric S. Yuan, Chang will be responsible for overseeing Zoom's fi ...

To me, there has never been a more opportune time to invest in rebound plays. With the S&P 500 still sitting near all-time highs, I'm looking for stocks that have less correlation to the broader markets and have With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha s ...

Core Insights - Zoom has announced new add-on products and functionalities to enhance its advanced enterprise offerings, focusing on compliance, security, privacy, survivability, and manageability for organizations [1][2] New Offerings for Enterprise Customers - In 2023, over $549 million in non-compliance penalties were issued globally, affecting more than 353 million individuals due to security breaches, and 31% of enterprises faced unstable network issues [3] - Zoom's new offerings aim to help companies manage compliance obligations, avoid fines, and ensure reliable connectivity [3] Specific Product Enhancements - **Zoom Compliance Manager Plus**: Enhances existing compliance tools with features like risk detection and data loss protection to help organizations meet regulatory obligations [4] - **Zoom Meeting Survivability**: Introduces network redundancy to ensure uninterrupted service during internet disruptions [4] - **Zoom Mesh for Meetings**: Optimizes bandwidth usage, potentially saving companies up to 60% on internet costs [4] - **Zoom Customer Managed Key (CMK) Hybrid**: Provides customers with more control over encryption keys for data protection, available for Zoom Workplace starting Q4 2024 [4] Portfolio Overview - The advanced enterprise offerings are designed to meet the needs of large organizations and regulated industries, included with Zoom Workplace Enterprise licenses [5] - Offerings are categorized into six key areas: communications compliance, data residency & privacy compliance, policy & deployment management, security & access control, analytics & insights, and network optimization & survivability [6] Availability and Additional Information - Several advanced enterprise offerings, including end-to-end encryption and GDPR controls, are available with Zoom Workplace Enterprise licenses, while new products are offered as paid add-ons [7] - Zoom will host technical sessions on its enterprise offerings at Zoomtopia 2024 for further information [7]

Summary of Key Points - The article discusses the stock performance of Zoom Video Communications, noting that it was trading above $410 per share and was 26% below its all-time high of $559, which was reached two months prior [1] - The analysis indicates a bearish sentiment towards Zoom, suggesting that sell signals were present at the time of the last coverage [1] - The article does not provide any specific investment recommendations or advice regarding the suitability of investments in Zoom or any other companies mentioned [2] - There is a clear indication that past performance is not a guarantee of future results, emphasizing the uncertainty in stock market investments [2] - The author of the article does not hold any positions in Zoom or related companies, nor does the author plan to initiate any positions in the near future [1] - The article reflects the opinions of the author and does not necessarily represent the views of Seeking Alpha as a whole [2] - The analysis is conducted by third-party authors, which may include both professional and individual investors who may not be licensed or certified [2]

Core Viewpoint - Zoom Video Communications has experienced a significant stock price increase of 21.2% over the past three months, contrasting with a 4.4% decline in the broader Zacks Computer and Technology sector, indicating a potential recovery after a challenging growth period post-pandemic [1][2]. Group 1: Financial Performance and Growth Outlook - For fiscal 2025, Zoom anticipates revenues between $4.63 billion and $4.64 billion, with non-GAAP earnings per share projected between $5.29 and $5.32, reflecting a year-over-year revenue growth estimate of 2.42% [6]. - The company reported a 7% increase in customers contributing over $100,000 in trailing 12-month revenues, reaching 3,933, which now accounts for 31% of total revenues, up from 29% the previous year [5]. - Zoom's financial health is strong, with $7.5 billion in cash, cash equivalents, and marketable securities as of July 31, 2024, providing flexibility for growth initiatives and strategic acquisitions [10]. Group 2: Product Diversification and Market Position - Zoom is diversifying its product offerings beyond video conferencing, expanding into contact centers, phone systems, and AI-powered meeting assistants, which is resonating with enterprise customers and creating new revenue streams [2][7]. - The company has seen significant growth in its Zoom Contact Center, surpassing 1,100 customers, representing over 100% year-over-year growth, driven by higher pricing tiers and larger deals [8]. - Zoom's innovation in AI features, such as the Zoom AI Companion, has been adopted by over 1.2 million customer accounts, enhancing user experience and productivity [9]. Group 3: Market Trends and Competitive Landscape - The ongoing trend towards remote and hybrid work models is benefiting Zoom, as companies increasingly require robust video conferencing and collaboration tools [11]. - Despite its market strength, Zoom faces intense competition from major players like Microsoft and Cisco, which are aggressively promoting their own collaboration tools [12]. - Zoom's valuation is relatively high, with a forward 12-month price-to-sales ratio of 4.4, compared to the Zacks Internet - Software industry average of 2.58, indicating high growth expectations but also elevated risk [13]. Group 4: Conclusion - Zoom's market dominance, product diversification, financial strength, and commitment to innovation position the company well for future growth in the digital communication and collaboration tools landscape [15].

SAN JOSE, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Today, Zoom Video Communications, Inc. (NASDAQ: ZM) and Mitel, a global leader in business communications, announced a strategic partnership designed to empower enterprises worldwide with a unique hybrid cloud solution that combines Zoom Workplace and Zoom AI Companion with Mitel's flagship communications platform in a modern, deeply integrated communication experience. The partnership will address growing enterprise demand for hybrid unified communicatio ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Score ...

Zoom Video Communications (ZM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ZM broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving a ...

Core Viewpoint - Zoom aims to evolve into an AI-first work platform over the next five to ten years, moving beyond just video conferencing to provide comprehensive solutions for various types of workers [3][5][8]. Group 1: Vision and Goals - The company envisions creating an AI-first worker platform that integrates various functionalities, allowing employees to accomplish tasks efficiently, such as generating presentations with AI assistance [4][5]. - Zoom's long-term vision includes setting ambitious goals similar to its initial journey, focusing on delivering value to investors, customers, and employees [5][9]. Group 2: Innovation and Product Development - Zoom emphasizes a rapid innovation cycle, collaborating closely with customers to understand their needs and drive product improvements [8][9]. - The introduction of new services, such as Zoom Docs and AI Companion, is part of the strategy to enhance the user experience and drive growth [30][43]. Group 3: Market Position and Demand Environment - The demand environment for Zoom's services has stabilized compared to the previous year, with a notable increase in the adoption of AI Companion among business customers [12][13]. - The company is well-positioned to leverage AI investments made by businesses to enhance its offerings and drive further adoption [12][13]. Group 4: Cultural and Operational Improvements - Zoom is focused on improving its internal culture and operational efficiency, addressing issues that arose from rapid hiring during the pandemic [32][34]. - The company aims to reduce layers of management and enhance productivity measurement in a hybrid work environment [34][35]. Group 5: Financial Strategy and Growth - Zoom has a significant cash balance of approximately $7.5 billion, which the company views as a trust from investors, emphasizing a balanced approach between stock buybacks and investing in future growth [45][48]. - The company is open to strategic acquisitions that align with its AI-first vision and worker platform goals, while also ensuring cultural fit [50][52]. Group 6: Competitive Landscape - Zoom's competitive position is strengthened by its focus on customer experience and product quality, which differentiates it from competitors [54][66]. - The company recognizes the need to better communicate its value proposition to potential customers, particularly in light of the competitive landscape dominated by Microsoft Teams [66].

Ronkonkoma, New York--(Newsfile Corp. - September 5, 2024) - SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the SIGMA 28-105mm F2.8 DG DN | Art zoom lens for full-frame mirrorless camera systems. Spanning many popular focal lengths in a single fast-aperture zoom, this is an exciting addition to the product line. The SIGMA 28-105mm F2.8 DG DN | Art is a surprisingly compact, full-frame, wid ...