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2021-09-01

Will more companies continue to hold virtual meeting?

ZM Stock Alert: 8 Reasons Why Zoom Video Is Tumbling Today

Zoom Video Communications(NASDAQ:ZM) stock is taking a beating on Tuesday following the release of t

ZM Stock Alert: 8 Reasons Why Zoom Video Is Tumbling Today

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZM Stock Alert: 8 Reasons Why Zoom Video Is Tumbling Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/zm-stock-alert-8-reasons-why-zoom-video-is-tumbling-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zoom Video Communications(NASDAQ:ZM) stock is taking a beating on Tuesday following the release of the company’s earnings report for the second quarter of fiscal 2022.\nLet’s dive into that earnings ...</p>\n\n<a href=\"https://investorplace.com/2021/08/zm-stock-alert-8-reasons-why-zoom-video-is-tumbling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://investorplace.com/2021/08/zm-stock-alert-8-reasons-why-zoom-video-is-tumbling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155259610","content_text":"Zoom Video Communications(NASDAQ:ZM) stock is taking a beating on Tuesday following the release of the company’s earnings report for the second quarter of fiscal 2022.\nLet’s dive into that earnings report below to see what has ZM stock falling today.\n\nThe biggest problem facing Zoom Video this morning is its guidance for the upcoming quarter.\nThat begins with an outlook for Q3 that includes adjusted earnings per share of $1.07 to $1.08.\nThis would have it missing Wall Street’s estimate of $1.09 for the quarter.\nThere’s also the fact that Zoom Video is seeing slower growth now that lockdowns are coming to an end.\nThat’s a result of schools and businesses using the company’s services less and less to hold virtual meetings.\nThese are pulling down an otherwise solid earnings report for the company.\nIts adjusted earnings per share for the current quarter was $1.36, which beat out Wall Street’s estimate of $1.16.\nRevenue of $1.02 billion was also better than the $990.96 million that analysts were expecting.\n\nEric Yuan, founder and CEO of Zoom Video, said the following in the earnings report affecting ZM stock today.\n\n “In Q2, we achieved our first billion dollar revenue quarter while delivering strong profitability and cash flow. 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ZM Stock Alert: 8 Reasons Why Zoom Video Is Tumbling Today

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