ZM May 2024 40.000 call
| Previous close | 22.10 |
| Open | 34.40 |
| Bid | 22.20 |
| Ask | 25.15 |
| Strike | 40.00 |
| Expiry date | 2024-05-17 |
| Day's range | 22.10 - 34.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 24 |
- Yahoo Finance Video
Zoom Q1 beat: Analysts wary of future demand
Zoom Video Communications (ZM) reported first quarter earnings, surpassing Wall Street's expectations on both the top and bottom lines. The video conferencing platform reported revenue of $1.14 billion, beating the estimated $1.13 billion, while its adjusted earnings per share (EPS) of $1.35 surpassed the projected $1.19. Despite the first quarter beat and the company's upbeat guidance, analysts remain cautious about Zoom's demand prospects. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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Videoconferencing firm Zoom expects second-quarter revenue of $1.145 billion to $1.15 billion, shy of the $1.151 billion analysts had expected.
