Zoom's revenue grew 85% in the quarter as growth kept slowing sequentially.
Zoom's video conferencing services compete with offerings from Avaya, Cisco and Microsoft.
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on September 25, 2019.initially rose but then fell as much as 11% after the company issued fiscal third-quarter earnings that surpassed estimates on Thursday, but showed slowing growth.Excluding certain items, 9 cents per share, vs. 3 cents per share as expected by analysts, according to Refinitiv.
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