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Zoom Corp Announces 2024 Financial Results with Optimistic 2025 Forecast

Story Highlights
  • Zoom Corporation reported an increase in net sales but a decline in profits for 2024.
  • The company forecasts improved financial performance for 2025, indicating growth confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zoom Corp Announces 2024 Financial Results with Optimistic 2025 Forecast

Elevate Your Investing Strategy:

An update from Zoom Corp. ( (JP:6694) ) is now available.

Zoom Corporation reported its consolidated financial results for the fiscal year ended December 31, 2024, showing a slight increase in net sales but declines in operating and ordinary profits. The company faced a significant decrease in profit attributable to owners of the parent, reflecting challenging market conditions. Despite these results, Zoom Corporation remains optimistic about future growth, forecasting increased net sales and profits for the fiscal year ending December 31, 2025. This outlook suggests confidence in their strategic initiatives and market positioning, potentially offering positive implications for stakeholders.

More about Zoom Corp.

Zoom Corporation, listed on the Tokyo Stock Exchange with the securities code 6694, operates in the technology industry and is known for its audio products and solutions. The company focuses on providing innovative audio recording and processing devices that cater to a diverse market, including musicians, audio engineers, and content creators.

YTD Price Performance: -2.29%

Average Trading Volume: 8,574

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen2.73B

See more data about 6694 stock on TipRanks’ Stock Analysis page.

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