Zoom (ZM) Slips in Extended Trading on Weak Guidance Despite Beating Q2 Earnings
ZM Zoom Communications Inc
$93.83 -7.03%
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- 1Zoom Communications (ZM) posted Q2 revenue of $1.28 billion and adjusted EPS of $1.55, exceeding expectations
- 2Enterprise segment revenue of $787.5 million (up 7.8% year-over-year), with a $1.6 billion gain from a strategic investment linked to Anthropic
- 3Q3 revenue outlook meets expectations, but non-GAAP EPS of $1.47 falls short, dragging shares lower in extended trading
This 3-line summary is compiled from the report below.
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