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Press Releases | Zoom Video Communications, Inc. – What happened

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Learn More. The video conferencing company released some sought-after software updates, and investors are looking forward to its upcoming earnings results. Zoom rolled out a security update over the weekend that will provide stronger encryption for video calls to its paying customers. While some organizations, such as schools, will also receive these security features, most non-paying users will not.

The strategy could drive more free users to upgrade their accounts. That, in turn, could help to fuel Zoom’s already impressive sales growth. Zoom Video Communications’ stock rose sharply on Monday, as investors grew more optimistic about the video call star’s revenue growth prospects.

Image source: Getty Images. Encryption is a delicate topic. Privacy concerns must be balanced with the need to avoid enabling criminal conduct, and regulators are sure to weigh in at some point.

Unsurprisingly, Zoom security consultant Alex Stamos said in an interview with Reuters that the plan was subject to change. Zoom’s leadership team will likely speak more about its new strategy during its upcoming earnings conference call. The company is scheduled to release its fiscal first quarter results after the market close on Tuesday, June 2. Its earnings call is scheduled for p. EDT that same day. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.

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Premium Services. Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Today’s Change. Current Price. The video call leader is implementing a new growth strategy. So what Zoom rolled out a security update over the weekend that will provide stronger encryption for video calls to its paying customers. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles.

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Get the LIVE share price of Zoom Video Communications Inc(ZM) and stock performance in one place to strengthen your trading strategy in US stocks. Now Start. While the price has increased steadily throughout , a positive announcement regarding the efficiency of a COVID vaccine made on November 9,

 
 

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