Heavy zoom on Wall Street after the quarter which highlighted a slowdown in growth.
Stocks lost 12.18%.
Offices fill up and Zoom's growth slows.
The third quarter of the fiscal year ended with revenues up 35% to 1.05 billion dollars, slowing compared to + 54% in the previous quarter and + 360% in the same period last year.
However, net profit rose 70% to 340 million.
For the fourth quarter, which ends in January, Zoom estimates revenues of 1.05 billion, above analysts' expectations.