Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

What Jim Cramer Liked About Zoom's Earnings Call

Video Credit: The Street - Duration: 01:52s - Published < > Embed
What Jim Cramer Liked About Zoom's Earnings Call

What Jim Cramer Liked About Zoom's Earnings Call

Real Money Stock of the Day Zoom Communications released its first earnings report since going public Thursday.

The company beat earnings expectations when it posted earnings Thursday night.

The company posted adjusted earnings of 3 cents a share, beating analysts' forecasts of 1 cent.

Revenue rose 103% from a year earlier to $122 million and beat expectations of $111.7 million.

Looking ahead, Zoom said it expects revenue of $129 million to $130 million, higher than expectations of $122.1 million.

The company forecast non-GAAP earnings of 1 cent to 2 cents a share.

"[Zoom has] a good product.

When I was at Nvidia , their product s everywhere.

But I thought it was interesting there was a land and expand that they're in every room.

They're not just in one room.

I thought this is very bullish.

I think that call was great.

Related.

Bang!

Zoom Video to the Moon on Excellent Earnings Behind the Label: How Zoom Zoomed Up to Become a Billion Dollar Tech Company

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Jim Cramer: The 'Secret Sauce' Behind Mastercard's Stock [Video]Jim Cramer: The 'Secret Sauce' Behind Mastercard's Stock

Mastercard is having a good year so far. Year-to-date, the company's stock is up around 46%. So, how has the company been able to be so successful? Jim Cramer broke it down for members of his Action..

Credit: The Street     Duration: 00:56Published

Jim Cramer: The Three Keys to Investing In This Market [Video]Jim Cramer: The Three Keys to Investing In This Market

Don't stress. Jim Cramer's got your back. He's got some investing education for investors who are feeling worried about this market. He has three things to keep an eye on. The first one? Fortitude. ..

Credit: The Street     Duration: 00:45Published

Jim Cramer on Netflix's Earnings, and His Three Keys for Earnings Season [Video]Jim Cramer on Netflix's Earnings, and His Three Keys for Earnings Season

Happy almost Friday! Jim Cramer breaks down what investors need to know when it comes to Netflix , earnings season and how he's looking at the markets. Cramer's Thoughts on the Markets Here's what..

Credit: The Street     Duration: 10:48Published

How Can a Stock Gain on Missed Earnings Expectations? Jim Cramer Explains [Video]How Can a Stock Gain on Missed Earnings Expectations? Jim Cramer Explains

If you thought stocks live and die on earnings reports, think again. While earnings certainly play into how stocks move, an earnings miss won't necessarily send your favorite stock into the red. Why..

Credit: The Street     Duration: 00:51Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.