Zoom’s Earnings Surpass Forecasts but Stock’s Gain Fades

2 years ago 284

Zoom Video Communications shares concisely surged, but past faded, arsenic the videoconferencing institution posted fiscal results that edged past the numbers it had told investors to expect, and arsenic absorption inched up its forecast for the afloat fiscal year.

Zoom shares (ticker: ZM) person been nether unit since the company’s latest net study arsenic investors person disquieted implicit slowing growth. Demand for Zoom’s services took disconnected during the pandemic, truthful the institution present faces pugnacious comparisons. The question present volition beryllium whether the...

Read Entire Article