Zoom Video Communications (ZM) narrowly beat first-quarter revenue estimates — $11.4 billion against an expected $1.13 billion — while topping adjusted earnings expectations — $1.35 per share against an expected $1.19 per share. Yahoo Finance's Market Domination Overtime reviews Zoom's disappointing enterprise customer count and second-quarter guidance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Palo Alto Networks issues a fiscal fourth-quarter forecast that underwhelms investors, and Zoom Video’s outlook for second-quarter adjusted earnings misses analysts’ estimates. Lowe’s is scheduled to report first-quarter earnings Tuesday.
Investing.com -- Shares in Zoom Video Communications (NASDAQ:ZM) moved lower in premarket U.S. trading on Tuesday after the video conferencing giant unveiled a broadly cautious outlook for its current quarter and fiscal year.