Zoom Is Unlikely to Lose Too Much Growth Momentum. Heres Why
Summary
Shares of videoconferencing darling Zoom Video Communications (NASDAQ:ZM) crashed after guidance for the second half of this year failed to impress investors. Though videoconferencing isnt (quite) the same absolute necessity it was early in the pandemic, many investors are forgetting about the pending acquisition of Five9 (NASDAQ:FIVN) and all it means for Zooms aspirations for the business world. Zooms growth is easing way back from the torrid triple-digit-percentage pace it set last year when videoconferencing was all the rage during mandatory lockdowns and social distancing orders. Investors may be fretting about the near-term outlook for Zooms revenue as it laps its peak pandemic boom, but this is an enduring growth story. Paired with Zooms own work updating organizations communications systems for the cloud computing era, Five9s contact center technology will only strengthen the combined companies ability to continue growing.