Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Zoom Video Communications, Inc.    ZM

ZOOM VIDEO COMMUNICATIONS, INC.

(ZM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Zoom and Lumen Partner To Deliver Enhanced Collaboration Experience

share with twitter share with LinkedIn share with facebook
09/29/2020 | 10:01am EDT

SAN JOSE, Calif. and DENVER, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) and Lumen Technologies, Inc. (NYSE: LUMN) announced today that the companies will partner allowing Lumen to offer Zoom as part of its Unified Communications and Collaboration Suite. Lumen will deliver enhanced services around Zoom’s best-in-class video-first unified communications platform to their large and growing base of customers across the globe.

Zoom and Lumen will partner to provide enhanced delivery, customer success, and managed services to companies using Zoom, to deliver an outstanding enterprise experience throughout the customer lifecycle. Additionally, the Lumen network will allow it to deliver an enhanced quality experience, as well as combining its embedded network security with Zoom’s built-in security features to proactively protect customers using the combined services.

“Lumen has been helping Zoom deliver amazing experiences and bring happiness to millions of users worldwide with our platform for cloud-connected infrastructure. Unified communications have become more important than ever to businesses, and we are excited to announce this strategic partnership,” said Shaun Andrews, chief marketing officer at Lumen.

“Partnering with Zoom means we can offer our worldwide customers an industry leading edge enterprise video communications platform, and also provide Lumen’s highly connected global network infrastructure and white glove global service wrappers. This is a terrific addition to our Unified Communications portfolio that squarely addresses a growing demand in the Unified Communications space,” said Craig Richter, senior director of product management at Lumen.

“We’re excited to partner with Lumen to ensure wider availability of our platform,” said Ryan Azus, chief revenue officer at Zoom. “Customers expect that Zoom will be ready and working when they need it.”

About Zoom
Zoom Video Communications, Inc. (NASDAQ: ZM) brings teams together to get more done in a frictionless and secure video environment. Our easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. Visit zoom.com and follow @zoom_us.

About Lumen
Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

Learn more about Lumen’s network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: lumentechnologies, Twitter: @lumentechco, Facebook: lumentechnologies, Instagram: lumentechnologies and YouTube: lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, LLC in the United States. Lumen Technologies, LLC is a wholly-owned affiliate of CenturyLink, Inc. 

* The Lumen brand was launched on September 14, 2020. As a result, CenturyLink, Inc. is referred to as Lumen Technologies, or simply Lumen. The legal name CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon the completion of all applicable requirements.

Zoom Press Contact
Colleen Rodriguez
Global PR Lead
press@zoom.us

Lumen Press Contact
Tracey Lucas
Lead Communications Manager
tracey.lucas@lumen.com 

Primary Logo

© GlobeNewswire 2020

share with twitter share with LinkedIn share with facebook
All news about ZOOM VIDEO COMMUNICATIONS, INC.
10/22Cisco's Webex participants near 600 mln as pandemic flares again
RE
10/21Tech Down As Investors Sell Out Of Slack, "Stay-At-Home" Plays -- Tech Roundu..
DJ
10/21ZOOM VIDEO COMMUNICATIONS : Yamaha YVC-330 Speakerphone Certified by Zoom; The I..
AQ
10/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/20NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/20NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/20NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/20Zoom's CFO Looks to OnZoom to Grow Revenue Opportunities
DJ
More news
Financials (USD)
Sales 2021 2 404 M - -
Net income 2021 483 M - -
Net cash 2021 1 321 M - -
P/E ratio 2021 313x
Yield 2021 -
Capitalization 145 B 145 B -
EV / Sales 2021 60,0x
EV / Sales 2022 45,7x
Nbr of Employees 3 427
Free-Float 67,6%
Chart ZOOM VIDEO COMMUNICATIONS, INC.
Duration : Period :
Zoom Video Communications, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ZOOM VIDEO COMMUNICATIONS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 460,83 $
Last Close Price 511,52 $
Spread / Highest target 19,4%
Spread / Average Target -9,91%
Spread / Lowest Target -70,1%
EPS Revisions
Managers
NameTitle
Eric S. Yuan Chairman, President & Chief Executive Officer
Aparna Bawa COO, Secretary & General Counsel
Kelly S. Steckelberg Chief Financial Officer
Harry D. Moseley Global Chief Information Officer
Sunil Madan Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
ZOOM VIDEO COMMUNICATIONS, INC.651.79%145 487
MICROSOFT CORPORATION37.11%1 635 310
SEA LIMITED305.17%79 482
ATLASSIAN CORPORATION PLC73.25%51 956
DASSAULT SYSTÈMES SE1.09%45 717
SPLUNK INC.44.56%34 727