Gelonghui, May 21 | Zoom Video Communications (ZM.US) U.S. stocks fell 1.7% before the market opened, at $63.
Zoom\’s first-quarter revenue was $1.14 billion. Analysts expected $1.13 billion; adjusted earnings per share were $1.35. Analysts expected $1.19.
As of the end of the period, the number of corporate customers reached 191,000, lower than analysts’ expectations of 223,800.
Looking ahead, Zoom expects second-quarter revenue of about $1.15 billion and earnings per share, excluding some items, of $1.21. Analysts expected $1.24.
Zoom video communications fell 1.7% before the bell, Q2 adjusted EPS guidance was lower than expected
Gelonghui, May 21 | Zoom Video Communications (ZM.US) U.S. stocks fell 1.7% before the market opened, at $63
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