Zoom Communications is investing in AI to boost its video-conferencing edge but faced stock pressure after its Q3 profit forecast fell short of analyst expectations. The company reported strong Q2 results with revenue up 4.9% to $1.28 billion and earnings per share beating estimates. Its enterprise segment grew 7.8% year-over-year, driven by high-value customers. Analyst Jefferies set a $116 price target, indicating about 15% upside from current levels, reflecting cautious optimism amid mixed outlooks.
Zoom Communications has been upgraded to a buy rating following recent underperformance that has eased valuation concerns. Despite modest 4.9% year-over-year revenue growth, Zoom shows operational strength with a strong cash position and a 24.6% GAAP...
Zoom Communications reported better-than-expected Q2 FY2027 results with revenue of $1.28 billion and adjusted EPS of $1.55, beating estimates. The company raised its full-year revenue and profit guidance but issued a cautious Q3 profit outlook with ...
Zoom Video Communications reported better-than-expected Q2 earnings with an EPS of $1.55 and revenue of $1.28 billion, marking a 4.9% year-over-year increase. The growth was mainly fueled by its enterprise segment, which saw revenue rise 7.8% to $787...
Zoom Video Communications will release its Q3 2026 earnings on August 25, with analysts expecting $1.48 EPS and $1.27 billion revenue. Despite a slight EPS decline from last year, Zoom has a strong track record of surpassing earnings estimates in nin...
Dick's Sporting Goods shares fell 17% pre-market after missing Q2 earnings and lowering full-year guidance due to competition and weak sales. Meanwhile, US futures edged higher with the Dow and S&P 500 up 0.3% and Nasdaq 100 up 0.7% following a recen...
