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Zoom sales growth slows as more people return to work
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Zoom Video Communications sales growth slowed last quarter as the extra demand for remote work and the company’s video-conferencing application eased, along with a pullback in the Covid-19 pandemic.
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The San Jose, Calif.-based company said its sales rose 35% from a year earlier to $1.05 billion for the three months ended Oct. 31. In the previous quarter, the company’s sales rose 54%. A year earlier, its sales jumped more than 360%.
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