Zoom Video Communications (ZM) reported first quarter earnings, surpassing Wall Street's expectations on both the top and bottom lines. The video conferencing platform reported revenue of $1.14 billion, beating the estimated $1.13 billion, while its adjusted earnings per share (EPS) of $1.35 surpassed the projected $1.19. Despite the first quarter beat and the company's upbeat guidance, analysts remain cautious about Zoom's demand prospects. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
In this article we take a look at 4 tech stocks Ray Dalio’s Bridgewater Associates was selling in Q1’2024. To see more such stocks, click Billionaire Ray Dalio is Selling These Tech Stocks in 2024. 4. SunPower Corporation (NYSE:SPWR) Number of Hedge Fund Holders: 14 SunPower Corporation (NYSE:SPWR) makes photovoltaic solar energy generation systems and […]
As you might know, Zoom Video Communications, Inc. ( NASDAQ:ZM ) recently reported its quarterly numbers. Revenues were...