Earnings

Zoom (ZM) earnings Q3 2021

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Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.

Kena Betancur | Getty Images

Zoom Video Communications shares fell about 5% in extended trading on Monday after the company reported fiscal third-quarter earnings and quarterly guidance that exceeded analysts’ expectations. Investors seemed disappointed that the rate of revenue growth, which has accelerated this year, could moderate.

Here’s how the company did:

  • Earnings: 99 cents per share, adjusted, vs. 76 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $777.2 million, vs. $694.0 million as expected by analysts, according to Refinitiv.

With the coronavirus pandemic



Source cnbc.com

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