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OFFON

ZOOM VIDEO COMMUNICATIONS, INC.

(ZM)
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OVice Announces Business Partnership With Zoom Video Communications, Inc

12/02/2021 | 11:00am EST

oVice has agreed and signed a business partnership with Zoom Video Communications, Inc. This partnership will allow oVice's customers to seamlessly access from its service platform to a Zoom meeting without having to move from one tool to another. A virtual space oVice has been used as a virtual office in telework environments by many companies, local governments, and educational institutions, with more than 10,000 users achieved in 1 year since its launch. Despite oVice being equipped with a video meeting function, many online meetings with non-oVice users are held using Zoom (due to a larger user base). oVice, Inc. has?received many requests from users to integrate Zoom, thus the company decided to form a partnership. oVice has joined Zoom's ISV Partner Program and will be able to provide services and solutions powered by Zoom that will support hybrid work styles. oVice has joined Zoom's ISV Partner Program and will be able to provide services and solutions powered by Zoom that will support hybrid work styles. With the Zoom?integration, oVice users can now have a seamless meeting from oVice without having to move between both?tools. They?will also have the ability to view which users are in which Zoom meeting, making it easier?to shuffle between multiple Zoom meetings at once. This will also encourage more interactive collaboration between?users. oVice is a two-dimensional virtual space where people interact as avatars and can freely move on the web and easily talk to others by bringing their avatar closer.


ę S&P Capital IQ 2021
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Analyst Recommendations on ZOOM VIDEO COMMUNICATIONS, INC.
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Financials (USD)
Sales 2022 4 082 M - -
Net income 2022 1 098 M - -
Net cash 2022 3 253 M - -
P/E ratio 2022 38,3x
Yield 2022 -
Capitalization 40 769 M 40 769 M -
EV / Sales 2022 9,19x
EV / Sales 2023 7,58x
Nbr of Employees 3 871
Free-Float -
Chart ZOOM VIDEO COMMUNICATIONS, INC.
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Zoom Video Communications, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends ZOOM VIDEO COMMUNICATIONS, INC.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 136,81 $
Average target price 272,50 $
Spread / Average Target 99,2%
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 Head-Global Customer Support
Aparna Bawa COO, Chief Legal Officer & Secretary
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