Zoom Video Communications Reports Fourth Quarter and Fiscal Year 2022 Financial Results
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Zoom Video (ZM) PT Lowered to $150 at Stifel
March 1, 2022 6:24 AM ESTStifel analyst J. Parker Lane lowered the price target on Zoom Video (NASDAQ: ZM) to $150.00 (from $275.00) while maintaining a Hold rating.
The analyst commented, "Zoom delivered a F4Q beat but offered an outlook for F1Q23 and FY23 that came in below consensus.... More
Zoom (ZM) Share Price Drops on Disappointing Outlook
February 28, 2022 4:34 PM ESTZoom (NASDAQ: ZM) shares dropped 2% after-hours following the companys reported disappointing guidance, while Q4 earnings results came in better than expected.
Quarterly EPS was $1.29, beating the Street estimate of $1.05. Revenue grew 21% year-over-year to $1.07 billion, slightly above the Street estimate of $1.05 billion.
The... More
Zoom (ZM) announces authorization to repurchase up to $1 billion of class A common stock
February 28, 2022 4:13 PM ESTZoom's (NASDAQ: ZM) Board of Directors has authorized a stock repurchase program of up to $1.0 billion of Zooms outstanding Class A common stock. The program will expire in February 2024.
Repurchases of Zooms Class A common stock may be effected, from... More
Zoom (ZM) Tops Q4 EPS by 24c, Guidance Misses Consensus
February 28, 2022 4:07 PM ESTZoom (NASDAQ: ZM) reported Q4 EPS of $1.29, $0.24 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.05 billion.
GUIDANCE:
Zoom sees Q1 2023 EPS of $0.86-$0.88, versus the consensus of $1.05. Zoom sees Q1... More
