Zoom Video Comms Q2 Adj. EPS $1.34 Beats $1.05 Estimate, Sales $1.14B Beat $1.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Comms (NASDAQ:ZM) reported Q2 earnings of $1.34 per share, beating the analyst consensus estimate of $1.05 by 27.62%. The company also reported quarterly sales of $1.14 billion, surpassing the analyst consensus estimate of $1.11 billion by 2.59%. Both earnings and sales show an increase compared to the same period last year.
August 21, 2023 | 8:06 pm
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Zoom Video Comms reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Zoom Video Comms reported Q2 earnings and sales that beat analyst estimates. This positive financial performance is likely to boost investor confidence and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
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