Zoom(ZM)
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Zoom: Strong Bookings Indicate Growth Trough Is Behind Us
Seeking Alpha· 2024-08-26 13:28
AndreyPopov/iStock via Getty Images Investment Thesis Zoom (NASDAQ:ZM) surged 17% after delivering better-than-expected 2Q FY2025 results and raising forward guidance. While the company's growth trajectory remains subdued, the less disappointing news is a positive for the stock, given its cheap valuation. Investors are encouraged by ZM's inflection in growth rebound. This may signal a potential trough in demand weakness, especially as the company's contract backlogs show significant growth reacceleration. I ...
Zoom Video Communications Stock Is Up 13% In A Day, Why?
Forbes· 2024-08-26 10:00
CHINA - 2024/06/21: In this photo illustration, the American video Communications company Zoom ... [+] (NASDAQ: ZM) logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Zoom Video Communications stock (NASDAQ: ZM) price rose 13.1% on 22nd August, as compared to a nearly 1% decrease in the S&P500 index. In sharp contrast, Zoom Video Communicati ...
Artificial Intelligence Powers Zoom. Is Now a Golden Opportunity to Buy the Stock?
The Motley Fool· 2024-08-26 09:15
Zoom Video Communications remains one of the cheapest SaaS stocks around. Share prices of Zoom Video Communications (ZM 3.09%) zoomed higher after the video conferencing company's latest quarterly results topped expectations. The stock, nonetheless, is still down modestly on the year. Let's zoom in on the company's most recent results and see if this turnaround can last and if it is a golden opportunity to buy the stock. AI integration and contact center leading turnaround efforts Zoom was a huge winner dur ...
Zoom(ZM) - 2025 Q2 - Quarterly Report
2024-08-23 20:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________ FORM 10-Q ___________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Co ...
Zoom Shares Surge on AI-Powered Earnings: ETFs to Gain
ZACKS· 2024-08-23 13:40
Zoom Video Communications' (ZM) second-quarter fiscal 2025 adjusted earnings of $1.39 per share beat the Zacks Consensus Estimate by 14.88% and increased 3.73% year over year. Revenues of $1.16 billion beat the consensus mark by 1.22% and increased 2.09% year over year on strong growth from Enterprise customers. Zoom Video Communications increased its annual revenue forecast on Wednesday, thanks to robust demand for its AI-powered collaboration tools designed for hybrid work models. For fiscal 2025, Zoom ex ...
The Stock of This Pandemic Era Winner Surged 13% on Thursday—Here's Why
Investopedia· 2024-08-22 23:37
Key Takeaways Zoom Video Communications shares popped Thursday after the provider of remote video services reported better-than-expected results and issued a rosy outlook as it held on to more customers. The company said it was able to sell more high-end packages by offering advanced artificial intelligence. Zoom also announced that Chief Financial Officer Kelly Steckelberg resigned. Zoom Video Communications (ZM) shares popped Thursday after the provider of remote video services reported better-than-expect ...
Zoom stock has best day in almost two years on quarterly results, increased guidance
CNBC· 2024-08-22 20:17
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Zoom shares soared the most since November 2022 on Thursday after the video chat company reported betterthan-expected results for the second quarter and raised its full-year guidance. The stock rose 13% to close at $68.04. The shares are still down 5.4% for the year, while the Nasdaq has gained 17% over that stretch. Zoom said revenue in the quarter rose 2.1% from a year earlier to $1.16 billion, topping ...
Zoom (ZM) Q2 Earnings Beat, Enterprise Customers Drive Revenues
ZACKS· 2024-08-22 14:31
Zoom's (ZM) second-quarter fiscal 2025 adjusted earnings of $1.39 per share beat the Zacks Consensus Estimate by 14.88% and increased 3.73% year over year. Revenues of $1.16 billion beat the consensus mark by 1.22% and increased 2.09% year over year on strong growth from Enterprise customers. Adjusting for foreign currency impact, revenues in constant currency were $1.166 billion, up 2.4% year over year. Quarter Details Enterprise revenues were $682.8 million, up 3.5% year over year and represented 58.7% of ...
Zoom Beats Q2 Expectations, Signaling Continued Growth Trajectory
MarketBeat· 2024-08-22 14:21
Zoom Video Communications, Inc. NASDAQ: ZM is a leading provider of video communication and collaboration solutions, and its products are used in personal and business environments. Zoom's financial results for the second quarter of fiscal year 2025 were recently released, and the results exceeded the expectations of the analyst community. Zoom's earnings beat was driven by robust growth in the enterprise segment and improved profitability. ZM Get ZM alerts: Zoom's Q2: Solid Growth and Financial Strength Zo ...
Zoom Video Q2 Earnings: Why I'm Unmuting Myself On This Call (Rating Upgrade)
Seeking Alpha· 2024-08-22 11:50
Alistair Berg/DigitalVision via Getty Images Investment Thesis Zoom Video (NASDAQ:ZM) beat on the topline (just about), beat on the bottom line, and raised its full-year guidance. That's the headline and time to move on, right? Wrong. Surprisingly, I now believe that Zoom is a rather interesting setup for investors. In fact, I make the case that in the coming months, Zoom will slowly move higher from $62 per share. More specifically, I've been neutral on this name for some time, however I now believe that e ...