Zoom shares fell nearly 8% in premarket trading

Tiger Newspress2021-11-23

Zoom shares fell nearly 8% in premarket trading.Zoom Video Communications Inc's third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year.

Investment bankers and analysts have warned that Zoom faces several hurdles in sustaining growth after its $14.7 billion bid to buy call center software firm Five9 Inc(FIVN.O)fell through.

Still, Zoom reported an adjusted profit of $1.11 per share, beating Wall Street's estimates $1.09 per share, according to Refinitiv data.

The company also forecast current-quarter revenue and earnings above expectations, and raised its full-year revenue estimate to around $4.08 billion from about $4.01 billion earlier.

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精彩评论

MorphyInc
2021-11-24
MorphyInc
What do you all think of singular product companies ?
Gaga71
2021-11-24
Gaga71
Can buy?
HENRYCSC
2021-11-23
HENRYCSC
[OMG] [OMG]
来人
2021-11-23
来人
Unbelievable 😢
- the_mark:
  saded
手可摘棉花
2021-11-23
手可摘棉花
Too painful to watch…
- Khoo12:
  [Duh]
LUILUI
2021-11-23
LUILUI
No

发表看法

116

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