BUZZ-Zoom Communications forecast annual 2025 revenue below estimates

Shares of video conferencing firm Zoom Communications ZM.O fall 1.5% to $79.55 after market

The company expects fiscal 2026 revenue between $4.79 billion and $4.80 billion, compared with the average analyst estimate of $4.81 billion, per data compiled by LSEG

Zoom forecasts first-quarter revenue in the range of $1.16 billion to $1.17 billion, below estimate of $1.18 billion.

The company sees weak demand for its conferencing tools as employers gradually move away from hybrid work models

After U.S. President Donald Trump's return to office order, big firms such as JPMorgan Chase JPM.N, Amazon AMZN.O and AT&T T.N have also asked employees to return to office five days a week, hitting demand for Zoom Communications

In 2024, company's shares rose 13.5%