Authorization

Despite earnings beat and upbeat forecast, Zoom shares fall after reporting Q4 results

Today after the bell, Zoom reported its Q4 earnings. The companys recorded revenue of $188.3 million and its adjusted per-share profit of $0.15 were ahead of expectations, including $176.55 million in revenue and earnings per share of $0.07, according to Yahoo Finance averages.
Down several points during a broad market rally, Zoom has been a hot company to track in recent months. Its profile was heightened due to its position as an incidental benefactor of the worlds grappling with the novel coronavirus as more countries and companies stressed staying home and working remotely, respectively, Zooms video conferencing tool was expected to see rising usage and demand.
The companys shares were down sharply after reporting its earnings.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«     2020    »
 12345
6789101112
13141516171819
20212223242526
2728293031