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-7.28809853508557E-05 0.00029152394140363 -0.000947452809561952 0.0022593105458786 -0.00371620144304342 -0.0081473653523795 -0.0105677428758836 -0.0151592449529919
Stock impact report

Zoom Clarifies It Has 300 Million ‘Participants,’ Not Users [Yahoo! Finance News]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Bloomberg) -- Zoom Video Communications Inc. said its virtual meeting application has 300 million “participants” a day, correcting an earlier claim of that number of daily active users. Shares fell about 7%.The company said last week in a blog post that its number of daily users jumped 50% to 300 million within three weeks in April. Now, the San Jose, California-based company has clarified that number to explain it includes duplicate individuals who participate in multiple meetings a day rather than representing discrete users with Zoom accounts.“We want to be clear: this was first announced in our April 22 webinar as 300 million daily participants by our CEO Eric Yuan,” Zoom said Thursday in a statement. “In a follow-up blog post on April 22 recapping this webinar, in addition to referring to participants as ‘participants,’ we also inadvertently referred to them as ‘users’ and ‘people.’ When we realized this error on April 23, we corrected the wording to ‘participants.’ This was a ge Show less Read more
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