Tag: Eric Yuan

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Zoom shares spiked after stronger-than-expected earnings

Zoom shares spiked after stronger-than-expected earnings

Zoom's stock jumped after the videoconferencing business posted fiscal Q1 profits that exceeded expectations. Zoom reported a profit of $316 million for the first quarter of 2022, equal to $1.03 per share. Although profits are down from $402.1 million in 2021, revenue increased by 12 percen... Read more

date2 years ago