简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Zoom bets on hybrid work to raise full-year profit forecast
Abstract：(Reuters) – Zoom Video Communications Inc on Monday reported its slowest quarterly revenue growth since the company went public, as demand for its video-conferencing tools eased as people returned to work.
Reuters Zoom Video Communications Inc on Monday raised its fullyear adjusted profit forecast, signaling robust demand for its videoconferencing tools in a hybrid work environment, sending the companys shares up 17 in extended trading.
Zoom said fullyear adjusted profit per share is expected to be between 3.70 and 3.77, compared with earlier expectations of between 3.45 and 3.51.
The company said revenue rose 12 to 1.07 billion in the quarter ended April 30, in line with Wall Street estimates, according to Refinitiv data.
Net income attributable to common stockholders fell to 113.6 million, or 37 cents per share, in the first quarter, from 227.4 million, or 74 cents per share, a year earlier.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
Hackers Charged for $11M Crypto Theft Using SIM-Swaps
WikiFXRole of Central Banks in the FX Market
WikiFXFCA Alerts Against Sydney FX
WikiFXWhat Makes Cross-Border Payments Easier Than Ever?
WikiFXTrader Exposes Unethical Practices by STP Trading
WikiFXBitcoin Nears $100,000: A Triumph of Optimism or a Warning Sign?
WikiFXMalaysian Man Loses RM113,000 in Foreign Currency Investment Scam
WikiFXMastercard Partners with JPMorgan for B2B Cross-Border Payments
WikiFXFCA Identifies Clone Firm Exploiting Admiral Markets' Credibility
WikiFXCoinbase Under Scrutiny Amid Wrapped Bitcoin Delisting Controversy
WikiFXCurrency Calculator
