Zoom's Earnings Demolish Expectations: 5 Key Metrics You Should See
Zoom Video Communications (NASDAQ: ZM) reported stunningly powerful fiscal first-quarter 2021 results on Tuesday after the market close.
It was a given that the videoconferencing specialist's results would get a massive tailwind from the work-from-home and study-from-home booms stemming from the COVID-19 pandemic. But even the most optimistic investors probably weren't prepared for the gigantic revenue and earnings beats plus guidance to match.
Zoom stock initially climbed nearly 5% in after-hours trading, and then gave up that entire gain and then some before regaining much of the lost ground. Shares closed the after-hours session down 1.7%.
Source Fool.com
