Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2023

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Zoom Video (ZM) PT Raised to $128 at Benchmark, 'Significant Enterprise Momentum'

May 24, 2022 6:20 AM EDT

Benchmark analyst Matthew Harrigan raised the price target on Zoom Video (NASDAQ: ZM) to $128.00 (from $124.00) while maintaining a Buy rating.

The analyst comments "Zoom stock initially rose as much as 21% post close yesterday, a response to evident F1Q23 enterprise momentum and product... More

DocuSign (DOCU) Trades Higher in Sympathy with After Zoom (ZM) Reports Strong Results and Guidance

May 23, 2022 4:14 PM EDT

DocuSign (NASDAQ: DOCU) Trades Higher in Sympathy with After Zoom (NASDAQ: ZM) Reports Strong Results and Guidance

ZM +19%DOCU +4%... More

Zoom (ZM) Tops Q1 EPS by 16c, Guidance Tops Views

May 23, 2022 4:07 PM EDT

Zoom (NASDAQ: ZM) reported Q1 EPS of $1.03, $0.16 better than the analyst estimate of $0.87. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.07 billion.

GUIDANCE:

Zoom sees Q2 2023 EPS of $0.90-$0.92, versus the consensus of $0.88. Zoom sees Q2 2023... More