Video Games

Zoom’s shocking share plunge is latest indication that we’re racing towards normality

Zoom’s share price fell by more than 11% in after-hours trading despite the video conferencing behemoth beating Wall Street’s predictions on revenue and EPS (earnings per share).

What appeared to have triggered the Zoom sell off was the guidance for the third quarter for earnings per share (between $1.07 and $1.08, compared to $1.09 based on an analyst consensus poll) and just 15% growth for the fiscal fourth quarter.

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