US Stock Movement | Q3 Revenue Guidance Slightly Flat, Zoom Communications (ZM.US) Falls 5.5%
On Wednesday, Zoom Communications (ZM.US) opened lower, with a decline of approximately 5.5% as of press time.
According to Golden Ten Data APP, Zoom Communications (ZM.US) opened lower on Wednesday, with a decline of about 5.5% at the time of writing. In terms of news, Zoom Communications reported better-than-expected results for the second quarter of fiscal 2027. The financial report shows that Zoom's second-quarter revenue increased by 4.9% year-on-year to $1.277 billion, slightly higher than analysts' average expectation of $1.27 billion. Among them, enterprise business revenue grew by 7.8% year-on-year to $787.5 million, while online business revenue increased by 0.6% to $489.7 million. However, the company provided a rather lackluster revenue forecast for the third quarter, disappointing investors who originally hoped that the company's ongoing product expansion would drive greater growth.
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