Zoom (ZM) earnings Q2 2023


Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019.

Michael Short | Bloomberg

Zoom Video Communications shares fell as much as 8% in extended trading on Monday after the video-calling software maker pared back its full-year forecast for earnings and revenue.

Here’s how the company did:

  • Earnings: $1.05 per share, adjusted, vs. 94 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $1.10 billion, vs. $1.12 billion as expected by analysts, according to Refinitiv.

Zoom’s revenue in the second fiscal quarter grew 8% year…

Source cnbc.com

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