Why Is Zoom Stock Sliding On Wednesday?
Zoom reported $1.28 billion revenue and $1.55 adjusted EPS in Q2, beating estimates, while its third-quarter outlook came below expectations.
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Why It Matters
Zoom made more money than expected this quarter, which is great news. But the company said it won't make as much money next quarter as people hoped, so investors got worried.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.