Zoom Video (ZM) Stock Volatile After-Hours Following Q3 Results
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Zoom shares fall after results as Wall Street turns cautious on growth
November 22, 2021 4:09 PM EST(Reuters) - 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, sending its shares down about 6% on Monday.
Revenue was at $1.05 billion in the quarter ended Oct. 31, Zoom said, after rising 54% in the previous quarter and surging 360% a year earlier.
The stock, a pandemic... More
Zoom (ZM) Tops Q3 EPS by 2c, Offers Guidance
November 22, 2021 4:06 PM ESTZoom (NASDAQ: ZM) reported Q3 EPS of $1.11, $0.02 better than the analyst estimate of $1.09. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.02 billion.
GUIDANCE:
Zoom sees Q4 2022 EPS of $1.06-$1.07, versus the consensus of $1.05. Zoom sees Q4 2022... More
