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Zoom Video reported Q4 earnings and revenue that topped estimates amid strength in the enterprise market.
Zoom's growth has moderated dramatically since the Covid pandemic, and the company is projecting a revenue increase of less than 2% for the current fiscal year.
Zoom Video Communications Inc (NASDAQ:ZM) shares moved more than 12% higher after Monday's closing bell as the video communications platform provider projected a larger-than-expected profit for the current quarter. For the fiscal first quarter of 2025, Zoom expects adjusted earnings per share (EPS) between $1.18 and $1.20, above expectations of $1.13.
Zoom Video Communications Inc is trading up in extended hours on Monday after reporting upbeat results for its fiscal fourth quarter. This is a developing story.
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.
Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'The Exchange' to discuss how to trade Lowe's, Workday, and Zoom Video.
Digital trade is a key issue being debated at the World Trade Organization's forum. Since 1998, ministers at the WTO have renewed a moratorium on digital custom charges that keeps online transactions such as streaming films on Netflix, taking international calls on Zoom and downloading e-books, free of charge.
In the most recent trading session, Zoom Video Communications (ZM) closed at $61.35, indicating a +0.05% shift from the previous trading day.
Get a deeper insight into the potential performance of Zoom Video (ZM) for the quarter ended January 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In the closing of the recent trading day, Zoom Video Communications (ZM) stood at $61.32, denoting a -1.29% change from the preceding trading day.