Zoom Video Communications Inc. gross sales development slowed final quarter as the additional demand for distant work and the corporate’s videoconferencing utility eased, together with a pullback within the Covid-19 pandemic.

The San Jose, Calif.-based firm stated its gross sales rose 35% from a yr earlier to $1.05 billion for the three months ended Oct. 31. Within the earlier quarter, the corporate’s gross sales rose 54%. A yr earlier, its gross sales jumped greater than 360%.

Source link