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Zoom's stock is currently priced much better than during the COVID-19 bubble, making it an opportune time for investors to consider buying. Zoom is expanding its offerings with new technologies such as AI summarization and virtual reality integration, attracting users looking for efficient and low-cost meeting alternatives. Despite some caution around its valuation, Zoom's strong financials and market outlook position it for long-term growth in the video conferencing market.
Zoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.
Zoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.
Zoom beat sales and earnings expectations in Q4. The company also set profit targets for this year that came in above Wall Street's projections.
Zoom's (ZM) fourth-quarter fiscal 2024 results reflect growth in Enterprise customers, which drives the company???s top line.
Latest results helped by low expectations and a stock buyback, though growth remains sluggish.
Fiscal Q4 2024 revenue grew 2.6% year over year, slightly topping the 1.7% growth Wall Street had expected. The quarter's adjusted earnings per share jumped 16%, speeding by the decline of 5.7% that analysts had projected.
Zoom Video (ZM) shares jumped more than 10% in extended-hours trading on Monday after the company topped analysts' quarterly estimates and issued better-than-expected current-quarter and full-year earnings guidance amid growing demand for its expanding AI-enhanced product range.
The headline numbers for Zoom Video (ZM) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Zoom Video Communications (ZM) reported fourth-quarter earnings that topped analyst estimates. Adjusted earnings per share of $1.42 trounced estimates of $1.15.