Zoom Video Comms Q1 Sales $1.11B Beat $1.08B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications (NASDAQ:ZM) reported Q1 sales of $1.11 billion, beating the analyst consensus estimate of $1.08 billion by 2.35% and marking a 2.92% increase over the same period last year.
May 22, 2023 | 8:05 pm
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Zoom Video Communications' Q1 sales surpassed analyst estimates, reporting $1.11 billion in revenue, a 2.35% beat and a 2.92% YoY increase.
Zoom Video Communications reported better-than-expected Q1 sales, beating analyst estimates by 2.35% and showing a 2.92% YoY increase. This positive news is likely to have a short-term positive impact on the stock price, as it demonstrates the company's continued growth and strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100