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Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025
Newsfilter· 2024-05-20 20:05
SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, increasing employee engagement, and improving productivity within their organizations," said Er ...
Zoom(ZM) - 2025 Q1 - Quarterly Results
2024-05-20 20:05
Exhibit 99.1 Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025 San Jose, California – May 20, 2024 – Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, i ...
Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025
globenewswire.com· 2024-05-20 20:05
SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, increasing employee engagement, and improving productivity within their organizations," said Er ...
Zoom (ZM)stock: pandemic darling faces a bleak future
invezz.com· 2024-05-19 05:33
Zoom Communications (NASDAQ: ZM) stock price has gone through a prolonged turbulence in the past few years. After surging to $588 during the pandemic, it has dropped to $64, bringing its market cap to $19 billion from a peak of $182 billion. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Zoom Communications earnings ahead Copy link to section Zoom, a company whose name became a verb, has fallen from grace as demand for virtual meetings faded and as ...
Zoom Video (ZM) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-05-15 14:16
The upcoming report from Zoom Video Communications (ZM) is expected to reveal quarterly earnings of $1.19 per share, indicating an increase of 2.6% compared to the year-ago period. Analysts forecast revenues of $1.13 billion, representing an increase of 1.8% year over year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. B ...
Zoom Video's (ZM) Workvivo Becomes Meta's Migration Partner
Zacks Investment Research· 2024-05-15 13:15
Zoom Video Communications, Inc. (ZM) announced that its Workvivo has been chosen as Meta Platforms' (META) preferred migration partner for META's customers as the latter discontinues the Workplace platform. Meta is shutting down Workplace, its employee engagement platform, and turning to Workvivo in order to assist customers during the transition. These two platforms are committed to facilitating a smooth transition and offering tools for customers migrating to Workvivo. Notably, ZM's Workvivo is set to pro ...
Zoom Video Communications (ZM) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-05-14 22:51
In the latest market close, Zoom Video Communications (ZM) reached $63.53, with a +0.67% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.48% for the day. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq increased by 0.75%. Shares of the video-conferencing company witnessed a gain of 4.76% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.47% and the S&P 500's ga ...
Workvivo by Zoom is named preferred migration partner for Workplace from Meta
Newsfilter· 2024-05-14 16:47
SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Today, Workvivo by Zoom was named Meta's only preferred migration partner for its customers as it retires Workplace from Meta. Meta is discontinuing Workplace from Meta – its employee engagement platform. To assist with customer transitions, Meta will partner with Workvivo as its only preferred migration partner. Workplace from Meta and Workvivo plan to provide migration tools for customers migrating to Workvivo and Workvivo will also offer additional imple ...
Zoom Video Communications, Inc. (ZM) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-05-13 14:02
Zoom Video Communications (ZM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this video-conferencing company have returned +0.6%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Internet - Software industry, which Zoom Video falls in, has lost 5.7%. The key question now is: What could be the sto ...
Zoom Video Communications (ZM) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-04-26 22:51
Zoom Video Communications (ZM) closed at $62 in the latest trading session, marking a +1.57% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.02%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%.Prior to today's trading, shares of the video-conferencing company had lost 6.62% over the past month. This has lagged the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 3.15% in that time.The investment community w ...