For the quarter ended January 2024, Zoom Video Communications (ZM) reported revenue of $1.15 billion, up 2.6% over the same period last year. EPS came in at $1.42, compared to $1.22 in the year-ago quarter.The reported revenue represents a surprise of +1.57% over the Zacks Consensus Estimate of $1.13 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +23.48%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...

Eric Yuan, founder and chief executive officer of Zoom Video Communications, stands before the opening bell during the company's initial public offering at the Nasdaq MarketSite in New York on April 18, 2019.Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts' expectations.Here's how the company did, compared with consensus among analysts polled by LSEG:Earnings per share: $1.22, adjusted vs. $1.15 ex ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Zoom Video Communications Inc (NASDAQ: ZM) is trading up in extended hours on Monday after reporting upbeat results for its fiscal fourth quarter.Zoom stock pops on solid guidanceCopy link to sectionThe stock is being rewarded also because the management issued encouraging guidance for the future. Zoom now forecasts its revenue to come in at $1.125 billion. That’s roughly in line with $1.13 billion that analysts had called for. Eric Yuan – the chief executive of Zoom Video Communications said in a press re ...

Zoom Video Communications, Inc ZM was trading near flat on Monday, as the company headed into its fourth-quarter earnings print after the market close.When Zoom printed its third-quarter results on Nov. 20, the stock was highly volatile the following day, sliding over 4% lower at one point before closing the trading session flat. The stock then continued in its uptrend, which brought Zoom to a high of $74.77 on Dec. 27.For that quarter, Zoom reported revenue of $1.137 billion, which slightly beat the $ 1.12 ...

"In FY24, we unveiled Zoom AI Companion, our generative AI digital assistant, aimed at boosting productivity, enhancing team effectiveness, and fostering skill development across the Zoom platform. We're committed to democratizing AI accessibility, offering it to all our customers regardless of business size, included at no extra charge with a paid license," stated Eric S. Yuan, Zoom's founder and CEO. "Our team is dedicated to platform-wide innovation, introducing hundreds of new features, including those ...

Zoom Video Communications (ZM) closed the most recent trading day at $61.35, moving +0.05% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%.Shares of the video-conferencing company witnessed a loss of 11.94% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.15% and the S&P 500's gain of 2.99%.Investors will be eagerly watchin ...

The upcoming report from Zoom Video Communications (ZM) is expected to reveal quarterly earnings of $1.15 per share, indicating a decline of 5.7% compared to the year-ago period. Analysts forecast revenues of $1.13 billion, representing an increase of 1% 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.Prior t ...

Zoom Video Communications (ZM) closed the most recent trading day at $61.32, moving -1.29% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.6%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq lost 0.92%.Shares of the video-conferencing company have depreciated by 10.73% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.1% and the S&P 500's gain of 3.56%.The investment community will be paying c ...

Bitcoin’s (BTC:USD) performance in 2024 and over the past year has been impressive, up 18% and 122%, respectively. The Bitcoin outlook from most experts seems very positive for the remainder of 2024. The trouble for investors who’ve yet to join the cryptocurrency club is whether their FOMO (fear of missing out) is warranted or merely an irrational thought. Helping move things along for the world’s leading cryptocurrency are the 10+ bitcoin ETFs launched in mid-January. The first month of trading for these E ...