Earnings

Zoom (ZM) earnings Q2 2021

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Zoom Video Communications Inc. founder and CEO Eric Yuan at the company’s IPO at Nasdaq MarketSite in New York, April 18, 2019.

Victor J. Blue | Bloomberg | Getty Images

Zoom Video Communications shares rose as much as 24% in extended trading on Monday after the company reported fiscal second-quarter earnings that were better than analysts had expected and raised its full-year guidance significantly.

Here’s how the company did: 

  • Earnings: 92 cents per share, adjusted, vs. 45 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $663.5 million, vs. $500.5 million as expected by analysts, according to Refinitiv.

Revenue grew 355% on an annualized basis in the fiscal second…



Source cnbc.com

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