Analysts Divided On Zoom's Future: Solid Performance Marred By Growth Concerns
Portfolio Pulse from Priya Nigam
Zoom Video Communications Inc (NASDAQ:ZM) shares dropped despite reporting strong Q1 revenues and earnings. Analysts are divided on the company's future, with concerns about growth prospects and SBC expense.
May 23, 2023 | 4:22 pm
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Zoom shares fell despite strong Q1 results, as analysts express concerns about growth prospects and SBC expense.
Zoom's strong Q1 results were overshadowed by concerns about growth prospects and SBC expense. Analysts are divided on the company's future, which may cause uncertainty among investors and negatively impact the stock price in the short term.
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