Zoom Video Communications Aktie News

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After reporting its first quarter 2024 earnings report, shares of Zoom Video Communications Inc. NASDAQ: ZM shook markets by initially plummeting as much as 4.6% from their closing price and swiftly rising back to show a 2.5% premium to the day's end. To put this price action simply, a significant amount of buying orders could have come in as Zoom stock hit its bottom in the after-hours.

Amid rampant market hype, many high-profile companies with solid growth rates are seeing strong uptake from investors. But that's not to say all growth stocks are seeing the same sort of enthusiasm from investors.

Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications company's first-quarter earnings call was dominated by discussions of AI, with executives highlighting Zoom's significant investments in the technology and the early success of its new AI-powered offerings.

Videoconferencing firm Zoom expects second-quarter revenue of $1.145 billion to $1.15 billion, shy of the $1.151 billion analysts had expected.

Zoom Video Communications Inc (NASDAQ:ZM) traded lower in 'afterhours' trade, losing just over 1%, after guidance for its second quarter came shy of expectations. A forecast of second-quarter sales between $1.145 billion to $1.15 billion  underwhelmed Wall Street, as it was beneath an analyst consensus forecast of $1.15 billion Zoom predicted earnings of $1.20 to $1.24 per share in the second q...

Zoom Video Communications, Inc. (NASDAQ:ZM ) Q1 2025 Earnings Conference Call May 20, 2024 5:00 PM ET Company Participants Charles Eveslage - Head of IR Eric Yuan - Founder & CEO Kelly Steckelberg - CFO Conference Call Participants Meta Marshall - Morgan Stanley Samad Samana - Jefferies Michael Funk - Bank of America Rishi Jaluria - RBC Capital Markets Siti Panigrahi - Mizuho Catharine Trebnick...

Zoom Video reported Q1 earnings that topped estimates while revenue guidance came in slightly below expectations.