This is a news story, published by MSN, that relates primarily to Zoom Communications news.
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Zoom customersThe Motley Fool
•84% Informative
Zoom Communications shares have shot up roughly 44% since the beginning of July .
The online communications platform provider reported fiscal Q3 revenue of $1.18 billion , an increase of 3.6% from the same period last year .
The company also announced that it change its corporate name to Zoom Communications as it expands its scope beyond just video and is looking to make the most of technology trends such as artificial intelligence.
Buying Zoom at these multiples could turn out to be a smart long-term move, considering that its improving revenue pipeline and focus on fast-growing niches could help it grow at a faster pace than the market's expectations.
Now is the best time to buy Zoom Video Communications before it’s too late.
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