If you don’t follow these instructions, for example, when you join meetings as a participant, you will be placed in waiting rooms, and not allocated to breakout rooms. Premium access has more features than a free Zoom account, so it’s important to log in correctly to ensure you have full access to all features in UTS Zoom and to ensure you have a seamless Zoom experience. 'The revenue outlook is softer than initially expected, partly due to macro pressures and especially given declining online business,' Jaluria said.All staff and students at UTS have automatic access to a Zoom premium account without needing to sign up. The company, however, expects 2024 revenue between $4.44 billion and $4.46 billion, below average Street estimate of $4.60 billion. Revenue grew 4 per cent to $1.12 billion, above analysts' average expectation of $1.10 billion.įinance chief Kelly Steckelberg said the growth was primarily driven by strength in Zoom's enterprise business. 31, compared with estimates of 81 cents per share. On an adjusted basis, Zoom earned $1.22 per share for the fourth quarter ended Jan. Earlier this month, it announced an about 15 per cent reduction in its workforce. Zoom is also benefiting from steady demand for its video-conferencing service from the ongoing shift to hybrid work models and cost cuts. 'The age of AI and large language models has arrived,' said Chief Executive Eric Yuan during a call with analysts, adding that AI can 'truly help' the company.

San Jose, California-based Zoom forecast fiscal 2024 profit between $4.11 and $4.18 per share, compared with analysts' average estimate of $3.66 per share, according to Refinitiv data. 'I like that Zoom is proactively talking about these opportunities today and I honestly believe it's necessary, especially given Microsoft is already including ChatGPT as part of Teams Premium,' said RBC analyst Rishi Jaluria.

The AI race picked up pace after Microsoft-backed OpenAI's ChatGPT last year prompted heavyweights from Alphabet Inc to China's Baidu Inc to announce their own offerings. :Zoom Video Communications Inc said on Monday it will integrate more artificial intelligence into its products and forecast annual profit above Wall Street estimates, sending the company's shares up 8 per cent in extended trading.Īnalysts predict the AI tech will be a major driver for future growth for the tech industry, which has been grappling with slowing demand amid recessionary fears.

Zoom schedule