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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 shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that exceeded analysts’ expectations.
Here’s how the company did:
- Earnings: $1.34 per share, adjusted, vs. $1.05 per share as expected by analysts, according to Refinitiv.
- Revenue: $1.14 billion, vs. $1.12 billion as expected by analysts, according to Refinitiv.
Zoom’s revenue grew 3.6% year over year in the quarter that ended on July 31, according to a statement. Net income jumped to $182 million, or 59 cents per share, in…
Source cnbc.com
