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 ...

Zoom Video Communications (ZM) closed the latest trading day at $64.14, indicating a +0.75% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 1.3%.Prior to today's trading, shares of the video-conferencing company had lost 7.87% over the past month. This has lagged the Computer and Technology sector's gain of 6.92% and the S&P 500's gain of 3.69% in that time.The upcoming earnings release of Zoom ...

The global workforce experienced a seismic shift towards remote operations during the pandemic, revealing the productivity benefits of remote work setups and attracting investor attention to both established and emerging remote work stocks. Zoom Video Communications (NASDAQ:ZM) perhaps exemplifies this shift, evolving from a pre-2020 web conferencing platform to a communication staple during the pandemic. Consequently, ZM stock gained a whopping 396% in 2020, becoming on the biggest pandemic success stories ...

When I purchased shares of Zoom Video Communications (ZM 2.82%) in late 2021, I knew its growth wouldn't be as good as it had been in 2020 and early 2021. However, I believed the adoption of Zoom's other products -- Phone, Rooms, and (later) Contact Center -- would provide enough of a runway for it to still be a good investment.It's now 2024, and while adoption of Zoom's other products has been great, its top-line growth has disappointingly been almost nonexistent. Revenue in its fiscal 2024 third quarter w ...

Zoom Video Communications (ZM) closed the latest trading day at $63.90, indicating a +0.03% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.06%. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.24%.Coming into today, shares of the video-conferencing company had lost 6.31% in the past month. In that same time, the Computer and Technology sector gained 12.39%, while the S&P 500 gained 6.45%.The up ...

The most recent trading session ended with Zoom Video Communications (ZM) standing at $64.27, reflecting a -0.89% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 1.74%.Prior to today's trading, shares of the video-conferencing company had lost 3.06% over the past month. This has lagged the Computer and Technology sector's gain of 4.83% and the S&P 500's gain of 2.93% in that time.Market par ...

Zoom Video Communications (NASDAQ:ZM) layoffs are coming to the communications platform prepares to cut roughly 150 jobs.Zoom notes that these layoffs will affect less than 2% of the company’s employees. They also aren’t companywide as the video meeting company plans to continue hiring across several other departments.Here’s what a Zoom spokesperson had to say about the layoffs in a statement to CNBC.“We regularly evaluate our teams to ensure alignment with our strategy. As part of this effort, we are resco ...

Shares of communications technology company Zoom Video Communications (ZM 0.37%) fell 10.2% in January, according to data provided by S&P Global Market Intelligence. There was little news to speak of during the month. However, CFO Kelly Steckelberg spoke at the 26th annual Needham Growth Conference on Jan. 11. And the talk did little to inspire investors.Growth could remain elusive for ZoomI believe it's important to frame this by pointing out Zoom's resilience. Few businesses have ever grown as fast as Zoo ...