US Stocks Move: Zoom Communications drops nearly 4% pre-market as Q4 results are mixed and profit guidance falls short of expectations
Show original
Gelonghui, February 26th|Zoom Communications (ZM.US) fell nearly 4% in pre-market trading, quoted at $82.05. In terms of news, Zoom announced mixed results for the fourth fiscal quarter. Revenue increased by 5.3% year-on-year to $1.25 billion, exceeding the market expectation of $1.23 billion; adjusted earnings per share were $1.44, slightly below the market expectation of $1.49. During the period, enterprise revenue increased by 7.1% year-on-year to $757.3 million. Looking ahead to the first quarter of fiscal year 2027, the company expects adjusted earnings per share to be between $1.40 and $1.42, lower than the average analyst expectation of $1.45. (Gelonghui)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$72,779.7
+7.65%
Ethereum
ETH
$2,130.48
+9.10%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$655.49
+4.32%
XRP
XRP
$1.42
+5.63%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$90.17
+5.94%
TRON
TRX
$0.2851
+1.78%
Dogecoin
DOGE
$0.09660
+8.16%
Cardano
ADA
$0.2748
+5.41%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now