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ZOOM VIDEO COMMUNICATIONS, INC.

(ZM)
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Zoom Video Communications : down for more than a thousand users - Downdetector

03/03/2021 | 11:50am EDT

March 3 (Reuters) - Zoom Video Communications Inc's video-conferencing platform was down for more than a thousand users on Wednesday, according to outage tracking website Downtector.com.

Downdetector showed there were nearly 2,000 incidents of people reporting issues with Zoom at its peak, at 9 a.m. ET. Zoom has seen a meteoric rise in users thanks to remote work and online learning against the backdrop of stay-at-home orders.

Telecom operator Verizon Communication Inc's services were also down for nearly 5,400 users at its peak, at 10 a.m. ET, according to Downdetector.

Verizon did not immediately respond to a request for comment.

Downdetector tracks outages by collating status reports from a series of sources, including user-submitted errors on its platform. The outages might be affecting a larger number of users. (Reporting by Eva Mathews in Bengaluru; Editing by Shounak Dasgupta)


© Reuters 2021
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Analyst Recommendations on ZOOM VIDEO COMMUNICATIONS, INC.
More recommendations
Financials (USD)
Sales 2022 4 018 M - -
Net income 2022 975 M - -
Net cash 2022 3 991 M - -
P/E ratio 2022 86,4x
Yield 2022 -
Capitalization 82 934 M 82 934 M -
EV / Sales 2022 19,6x
EV / Sales 2023 16,4x
Nbr of Employees 5 725
Free-Float 69,6%
Chart ZOOM VIDEO COMMUNICATIONS, INC.
Duration : Period :
Zoom Video Communications, Inc. Technical Analysis Chart | ZM | US98980L1017 | MarketScreener
Technical analysis trends ZOOM VIDEO COMMUNICATIONS, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 279,12 $
Average target price 372,16 $
Spread / Average Target 33,3%
EPS Revisions
Managers and Directors
Eric S. Yuan Chairman, President & Chief Executive Officer
Kelly S. Steckelberg Chief Financial Officer
Harry D. Moseley Global Chief Information Officer
Brendan Ittelson Chief Technology Officer
Aparna Bawa COO, Chief Legal Officer & Secretary
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