Zoom (ZM) Share Price Drops on Disappointing Outlook
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Zoom Video (ZM) PT Lowered to $150 at Stifel
March 1, 2022 6:24 AM ESTStifel analyst J. Parker Lane lowered the price target on Zoom Video (NASDAQ: ZM) to $150.00 (from $275.00) while maintaining a Hold rating.
The analyst commented, "Zoom delivered a F4Q beat but offered an outlook for F1Q23 and FY23 that came in below consensus.... More
Zoom (ZM) announces authorization to repurchase up to $1 billion of class A common stock
February 28, 2022 4:13 PM ESTZoom's (NASDAQ: ZM) Board of Directors has authorized a stock repurchase program of up to $1.0 billion of Zooms outstanding Class A common stock. The program will expire in February 2024.
Repurchases of Zooms Class A common stock may be effected, from... More
Zoom (ZM) Appoints Bill McDermott to Board of Directors
February 28, 2022 4:11 PM ESTZoom Video Communications, Inc. (NASDAQ: ZM) announced that it has appointed Bill McDermott as an independent director on Zooms Board of Directors effective March 1. McDermott will replace Bart Swanson, an early investor in Zoom who is stepping down from the Zoom Board following more than eight years of service.
Bill McDermott is one of the most highly accomplished leaders in the technology industry. He currently serves as president,... More
Zoom (ZM) Tops Q4 EPS by 24c, Guidance Misses Consensus
February 28, 2022 4:07 PM ESTZoom (NASDAQ: ZM) reported Q4 EPS of $1.29, $0.24 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.05 billion.
GUIDANCE:
Zoom sees Q1 2023 EPS of $0.86-$0.88, versus the consensus of $1.05. Zoom sees Q1... More
