Zoom Video Communications is a technology company that specializes in providing video conferencing solutions and communication platforms for businesses and individuals. It offers a range of services that facilitate virtual meetings, webinars, and online collaboration, allowing users to connect seamlessly from anywhere in the world. The platform is widely used for remote work, online education, and virtual events, and it features tools designed for screen sharing, recording, and real-time messaging. With its user-friendly interface and scalable solutions, Zoom aims to enhance communication and collaboration across diverse industries and applications.
Merger and acquisitions activity in US peaked in 2021, expected to reverse in 2025 with more larger-scale deals due to lower interest rates and M/A-friendly FTC. Check out 5 potential targets.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at 8x8 (NASDAQ:EGHT) and the best and worst performers in the video conferencing industry.
Discover 3 enterprise tech stocks—Twilio, DocuSign, and Zoom—poised as viable takeover targets in 2025, driven by industry growth and strategic potential.
Zoom Video Communications is sustaining growth and setting up for a market reversal and uptrend in 2025; analysts are raising their price targets for this stock
Shares of video conferencing platform Zoom (NASDAQ:ZM)
fell 9% in the afternoon session after the company reported underwhelming financial results for the third quarter. Growth remained tepid, though it came in ahead of analysts' estimates, enabling it to also beat on EPS. However, the sales outlook for the full year was underwhelming and roughly in line with expectations. Baked into the outlook are the expectations that the macro environment will continue to be mixed.
Video conferencing platform Zoom (NASDAQ:ZM) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 3.6% year on year to $1.18 billion. The company expects next quarter’s revenue to be around $1.18 billion, close to analysts’ estimates. Its non-GAAP profit of $1.38 per share was 5.5% above analysts’ consensus estimates.
The U.S. stock market traded mixed on Tuesday morning, with major indices showing tight movements as investors awaited the release of the Federal Reserve's November meeting minutes.
You can tell you’re in a for-real bull market when there is virtually no economic data released during a trading session and markets gain a percentage point anyway.
Zoom Video Communications Inc (NASDAQ:ZM) shares are trading lower on the heels of the company's third-quarter financial results. The stock is off the lows of the session as analysts lift price targets following the print. Here's what you need to know.
