Zoom Video Comms Q2 Adj $1.39 Beats $1.21 Estimate, Sales $1.16B Beat $1.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications reported better-than-expected Q2 earnings and sales, with earnings per share of $1.39 beating the $1.21 estimate and sales of $1.16 billion surpassing the $1.15 billion estimate.
August 21, 2024 | 8:06 pm
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Zoom Video Communications reported Q2 earnings of $1.39 per share, beating the $1.21 estimate, and sales of $1.16 billion, surpassing the $1.15 billion estimate. This indicates strong financial performance and could positively impact the stock price.
Zoom's Q2 earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The earnings per share beat by 14.88% and sales by 1.09%, showing strong financial health and potential for stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100