Zoom's Enterprise Business Is Accelerating. Its Online Business Is Barely Growing
ZM shares tanked despite higher-than-expected Q2 results. Analysts have mixed ratings, as FY guidance does not reflect full Q2 beat.
Zoom's big business customers are growing faster, which is great, but their smaller online customers barely grew. Even though Zoom beat what people expected this quarter, the company's outlook for the rest of the year wasn't exciting enough to make investors happy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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