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Zoom to Acquire Five9 - Zoom Video Communications, Inc..ZM - Zoom Video Communications Cl A Stock Price -
Five9 is a pioneer of cloud-based contact center software. Its highly-scalable and secure cloud contact center delivers a comprehensive suite of easy-to-use applications that allows management and optimization of customer interactions across many different channels. Enterprises communicate with their customers primarily through the contact center, and we believe this acquisition creates a leading customer engagement platform that will help redefine how companies of all sizes connect with their customers.
We are thrilled to join forces with the Five9 team, and I look forward to welcoming them to the Zoom family. Zoom Phone is a modern, cloud phone system that offers a digital alternative to legacy phone offerings, enabling organizations to connect and interact in new and convenient ways to keep businesses moving. As a result of the acquisition, Zoom will play an even greater role in driving the digital future and bringing companies and their customers closer together.
Details on the Proposed Transaction As part of the agreement, Five9 stockholders will receive 0. The Boards of Directors of Zoom and Five9 have approved the transaction. The Board of Directors of Five9 recommends that Five9 stockholders approve the transaction and adopt the merger agreement.
The transaction, which is anticipated to close in the first half of calendar year , is subject to approval by Five9 stockholders, the receipt of required regulatory approvals and other customary closing conditions. Additional details and information about the terms and conditions of the acquisition will be available in current reports on Form 8-K to be filed by Zoom and Five9 with the Securities and Exchange Commission.
A replay will be available shortly after the call ends. About Zoom Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for individuals, small businesses, and large enterprises alike.
Visit zoom. About Five9 Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2, customers worldwide and facilitating billions of customer engagements annually. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and practical AI to help customers reimagine their customer experience. Designed to be reliable, secure, compliant, and scalable, the Five9 platform helps increase agent and supervisor productivity, connects the contact center to the business, and ultimately deliver tangible business results including increased revenue and enhanced customer trust and loyalty.
Forward-Looking Statements This communication contains forward-looking information related to Zoom, Five9 and the acquisition of Five9 by Zoom that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements.
While the list of factors presented here is, and the list of factors to be presented in the registration statement on Form S-4 are, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.
The forward-looking statements included in this communication are made only as of the date hereof. Zoom assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
Zoom and Five9 and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of , as amended. Five9 Press Relations Allison Wilson allison.
The Blueshirt Group for Five9, Inc. Lisa Laukkanen lisa blueshirtgroup. Skip to main navigation. Zoom to Acquire Five9. July 18, PDF Version. Participants in the Solicitation Zoom and Five9 and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. No Offer or Solicitation This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Zoom video technology stock price - none:.Insider Selling: Zoom Video Communications, Inc. (NASDAQ:ZM) COO Sells 2,000 Shares of Stock
Zoom Video Communications, Inc. NASDAQ: Stcok is a poster child for the group of stocks that benefited from the early pandemic boom but ultimately faced a reckoning over the past year with the shifting market cycle.
The good news is that the deep correction has brought Zoom's нажмите для деталей back down to Earth zoom video technology stock price - none: by overall solid fundamentals. The company just reported its latest quarterly result which beat expectations with positive operating metrics.
At the same time, we highlight some ongoing growth concerns against what has evolved into a more competitive operating environment, particularly as Zoom looks to branch out into new business segments beyond just video. The stock likely has some upside in the near term but will continue to face long-term uncertainties so caution is warranted. On the other hand, the geopolitical conflict in Europe pressured the EMEA region which was flat compared to fiscal The lower bottom line this quarter considers what has been a new effort at investments and spending to tehnology the next stage of growth.
Similarly, sales and marketing efforts have also seen a big jump as part of the strategy to expand internationally. The result is an impact on profitability as the technoloyg operating margin at Company IR.
Through the subscription model, the strength here is читать полностью recurring business with a move towards longer-term zoom video technology stock price - none: and a larger total of billions per customer. Anecdotally, the corporate and enterprise-level customers as a group generating this much sales are likely those that have chosen Zoom as their preferred video communications prcie provider and utilize the platform as a necessary day-to-day tool.
Our interpretation is that this metric adds a layer of quality to Zoom financials as the company becomes less dependent on smaller individual users that are less predictable in terms of month-to-month renewals. Another key financial metric for the company is the remaining performance obligations RPO which is defined as the combination of unbilled and deferred revenue yet to be recognized.
A question among investors that often gets brought up is how the company intends to utilize that proverbial war chest. On this point, into Q2 in May, Zoom announced the acquisition of "Solvvy", a leading artificial intelligence-based customer support platform. The thinking here is that there are synergies between Zoom's core unified communications product and customer experience solutions. Major companies already using Solvvy include Vimeo, Inc. While the deal terms were not disclosed, it's likely the value of the transaction was only a small part of Zoom video technology stock price - none: liquidity, suggesting there is room for more zoom video technology stock price - none: actions down the line.
The deal also enhances other Zoom initiatives stofk new product features discussed during the earnings conference call zoom video technology stock price - none:. A key part of our strategy is to enable more and more business workflows within our platform, and I am super excited about our recent launches of Zoom Whiteboard and Zoom IQ for /13474.txt. Zoom Whiteboard is arming teams with the power of continuous collaboration in an easy-to-use solution that dtock a virtual space prive collaborate before, during, and after a meeting.
Again, the trend here reflects higher investment spending with a lower operating margin. If anything, the recent financials are strong enough to brush away fears of an unraveling operating environment or any concerns that customers were abandoning the stofk. The context here also considers the broader market trading action zolm stocks and tech names getting a bounce in recent weeks against what has been extreme volatility all year. Seeking Alpha. There's a lot of ground to cover before really making a dent on year-over-year losses, but there is a sense that the sentiment has turned more positive.
At the macro level, commentary from U. There are also some signs that inflation could be peaking, opening the door for flexibility in monetary policy through Simply put, from the doom and gloom scenarios that dominated headlines for much of the year, the narrative is starting to change and ZM can benefit from that simply through market beta over the near term.
The longer-term question for Zoom is more complicated. This is a company that in the span of just a жмите сюда years has become a household name revolutionizing the way business and online communications are done online. At the same time, the next stage of growth is going to depend on a new driver and business line. The bet the company is увидеть больше is zoom video technology stock price - none: it can leverage its success in the video zoom video technology stock price - none: platform with the ancillary business services like contact center and even areas like customer experience with the Solvvy acquisition.
Our take is that the company has not yet shown how successful those initiatives can be. Even with the core platform, Zoom faces intense competition from tech giants like Microsoft Corp. MSFT which offers videeo alternative "Teams" platform built around a more collaborative video-based workspace environment. Zoom's response with "Whiteboard" converges many of the same features but it's clear the market share for incremental new business will be challenged.
So what we're left with here is otherwise fundamentally strong that will need to keep proving смотрите подробнее into long-term uncertainties. This is a bargain compared to the earnings multiple above x at one point in The consensus for EPS growth in the single-digit range between and is hardly something to write home about.
That can be a problem when we start sizing up ZM against other tech leaders that are more diversified with an entire ecosystem of products and services while ZM is dependent on its single app.
In other words, it's hard to make the case that ZM is "cheap" even following the stock price crash. In our view, one of the challenges for ZM is that the core business has become "boring" for lack of a better zoom video technology stock price - none:. We know the level of enterprise-level customers and the implied growth runway based on Technoogy, so it leaves little room for the company to outperform current expectations which would be zoom video technology stock price - none: for the stock to break out much higher.
Stoock action that could make the stock more interesting would be the initiation of a regular dividend zoom video technology stock price - none: it more of a value appeal. The only way to justify ZM's valuation is with some conviction that its initiatives with contact center and customer experience will really take off which are still unproven. The biggest risk here is that the operating momentum loses traction.
Signs that customer growth is slowing or an alternative solution is gaining market share would force a reassessment of the long-term outlook and open the door for another leg lower. Add some conviction to your trading! Take a look at our exclusive stock picks. Join a winning team that gets it right. Click here for a two-week free trial. The most extensive coverage on SA! To zoom meeting my pc how to join a meeting on my pc: combine fundamental analysis with a data-driven approach to find tedhnology the box" ideas.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned in this article. The deal also enhances other Zoom initiatives and new product features discussed during the earnings conference call : A key part of our strategy is to enable more and more business workflows within our platform, and I am super excited about our recent launches of Zoom Whiteboard and Zoom IQ for Sales.
Seeking Alpha There's a lot of ground to cover before really making a dent on year-over-year losses, but there is a sense that the sentiment has turned more positive. This article was written by. BOOX Research. Author of Conviction Dossier.
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