Zoom Video Communications (ZM) Q2 Earnings and Revenues Surpass Estimates

Zoom Video Communications (ZM) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.88%. A quarter ago, it was expected that this videoconferencing company would post earnings of $1.19 per share when it actually produced earnings of $1.35, delivering a surprise of 13.45%. Over the last ...