(Reuters) – Zoom Video Communications forecast third-quarter profit above Wall Street estimates on Monday, a positive sign for the company that has tried to overcome a post-pandemic slowdown by offering a wider range of collaboration tools.
The San Jose, California-based company expects profit per share between $1.07 and $1.09 for the quarter, above analysts’ average estimate of $1.03 per share, according to Refinitiv data.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Krishna Chandra Eluri)
