Zoom (ZM) earnings Q2 2021


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

JC Penney lenders to make bid for department store in bankruptcy

Previous article

Stock futures flat after S&P 500 and Dow notch best August since 1980s

Next article

You may also like

Leave a Reply

Notify of

More in Earnings