Zoom’s growth slowdown is not solely due to unfavorable comparisons to the first year of the pandemic when the videoconferencing company’s service was in huge demand as people worked from home. Microsoft Teams Cuts Into Zoom’s Core Business In the first quarter of 2021, “Zoom’s number of large customers jumped 87%, and in 2020’s third quarter, still in the height of Covid-19 lockdowns, the increase was 485%,” wrote Bloomberg. Sadly for investors, this rate of growth represents a massive slamming on of the brakes after the pandemic sent its customer count soaring. It reported an 18% increase in the number of large customers - which missed the analyst estimate of 516,174. In the third quarter, Zoom disappointed again. In the second quarter, Zoom’s 36% pop in the number of big clients was below expectations. As Bloomberg reported, Zoom disappointed investors for the second quarter in a row with its projection for its count of large customers. Zoom did not exceed expectations on all fronts. Zoom’s Decelerating Growth In New Customers

Zoom stock price march 2020