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Zoom Guided to Slower Growth for Q2, Just as Webex Had Its Best Quarter in Years
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Zoom Guided to Slower Growth for Q2, Just as Webex Had Its Best Quarter in Years
Zoom told investors in May that its first quarter of fiscal 2027 was one of its best in years. Revenue grew 5.5%, beating the top of its own guidance range, and CEO Eric Yuan called it “among our best growth rates in recent years” on the call. In that same breath, Zoom guided Q2 lower: $1.265 billion to $1.270 billion, which at the midpoint is 4.1% year-on-year growth. A company doesn’t usually follow its best quarter in years with guidance for …
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