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Democrats going to try to steal another election with another election virus.ZOOM ZOOM Again
Mask mandates returning slowly increments, lockdowns by mid-september, the dirty tyrannical globalist will have us shut indoors for who knows how long this time. Zoom will soar again.
Zoom to Release Financial Results for the Second Quarter of Fiscal Year 2024
4:05 PM ET, 08/01/2023 - GlobeNewswire
SAN JOSE, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the second quarter of fiscal year 2024 on Monday, August 21, 2023, after the market closes.
$20B market cap with $5B in cash.
Buyback $5B worth of stock and the stock will fly.
To access old recorded Zoom meetings, you need to follow these steps:
Open the Zoom application on your computer.
Click on "Meetings" in the top bar.
Look for the "Recorded" section in the upper left corner and click on it.
Check if the desired meeting is listed, and if it is, select it and click "Open."
A web page with links to your recorded files will appear. Choose the specific recording you're looking for.
Please note that these steps assume that you have a paid Zoom account and are using the downloadable version of the software. If you have a free account or are using the web version, the steps may differ slightly. Additionally, if you or your tech support team has set up a separate location on your device to store recordings, you will need to contact them for guidance on accessing the recordings.
ZM $73.21 long term can’t go wrong? I think Nvidia could buy this company at some point
Zoom to shed about 1,300 jobs as pandemic-fueled demand slows
https://finance.yahoo.com/news/zoom-cut-headcount-15-173533025.html
Tue, February 7, 2023 at 10:35 AM MST·2 min read
(Reuters) -Zoom Video Communications said on Tuesday it would cut 15% of its workforce, or about 1,300 jobs, and trim base pay for its executive leadership as pandemic-fueled demand for the company's video conferencing services slows.
Shares of the company rose about 9% on the news, after declining 63% last year.
Announcing the layoffs, Chief Executive Eric Yuan also said that he will take a salary cut of 98% for the coming fiscal year, foregoing his fiscal 2023 corporate bonus.
"We worked tirelessly... but we also made mistakes. We didn't take as much time as we should have to thoroughly analyze our teams or assess if we were growing sustainably, toward the highest priorities," the top boss said.
The company, which became a household name during lockdowns due to the popularity of its video-conferencing tools, has seen its revenue growth slow.
Analysts are forecasting Zoom's revenue to have risen just 6.7% in fiscal 2022 after a more than four-fold jump in revenue and a nine-fold surge in profit increase in 2021. Profit is estimated to have fallen 38% in 2022.
Zoom had bumped up hiring during the pandemic to meet surging demand, but now joins U.S. companies is reining in costs to brace for a potential recession.
A raft of U.S. companies from Goldman Sachs Group Inc to Alphabet Inc have laid off thousands this year to ride out a demand downturn wrought by high inflation and rising interest rates.
The video conferencing software maker also said that its executive leadership team will reduce their base salary by 20% in the same period.
Departing employees will receive 16 weeks of salary, healthcare coverage and annual bonus for the year, Yuan added.
1 Stunning Growth Stock Set to Soar by 2,700%, According to Cathie Wood
By Danny Vena – Jan 22, 2023 at 10:13AM
https://www.fool.com/investing/2023/01/22/1-cathie-wood-growth-stock-set-to-soar-2700/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
KEY POINTS
Zoom Video Communications shares may be down, but they are not out.
Despite significant macroeconomic headwinds, the teleconferencing pioneer has continued to generate modest growth in revenues and profits.
Cathie Wood's price target may seem outlandish, but there are plenty of reasons to believe that Zoom stock could soar from here.
Zoom Video Communications has gone from boom to bust, but this too shall pass.
In 2020, it seemed that Cathie Wood's stock picks couldn't miss. Her flagship Ark Innovation ETF rocketed upward by 149% for the year, turning her into a Wall Street star. Then, the bottom dropped out of the tech sector, and the fund that once seemed invulnerable plummeted, falling 77% from its peak. Wood is undeterred, however. She's been doubling down on her strategy of buying the most disruptive and innovative companies out there. She notes that previous bear markets have yielded remarkable opportunities for investors with a long-term mindset.
One stock that Wood is particularly bullish on is Zoom Video Communications (ZM 2.48%). It's the second-largest holding in the Innovation ETF, representing nearly 9% of the value of its portfolio. And Wood has put a target price of $1,500 on it by 2026, representing an upside of more than 2,000% for investors. Wood's bull case for Zoom is even more eye-catching, with a price target of $2,000 -- which would amount to a gain of 2,700%.
Can Zoom shrug off its post-reopening hangover and the current macroeconomic headwinds and hit Wood's seemingly outlandish targets? Let's step back and take a broader view.
The elephant in the room
Wood and her investing team at Ark Investment Management issued their research report on Zoom in mid-2022. This was well before we understood the full extent of the economic challenges that lay ahead, but after Zoom stock had shed 70% of its value. Unfortunately, in the days since that audacious call -- which was made on June 8 -- Zoom stock has fallen another 31%.
At the time the report was issued, Ark's research suggested that Zoom Video Communications stock could achieve a compound annual growth rate of 76% over the coming four years. The stock ended 2022 at just above $31 per share, so even if it grew at that rate, it would only reach roughly $300 by 2026 -- a far cry from Wood's target. That, in and of itself, suggests that these price targets are (currently) out of reach.
Conditions have changed dramatically since the pandemic-necessitated lockdowns that fueled Zoom's early growth. Nearly all of the stay-at-home orders have been lifted, and many enterprise-level businesses are requiring workers who had been remote to return to their offices. The combination of continuing tough year-over-year comparisons and slowing demand are skewing Zoom's results -- and not in a good way.
Furthermore, much of Wood's bullish thesis relied on a large and growing population of global knowledge workers adopting hybrid or remote work models. The return-to-office trend isn't helping matters much on that front. While the trend isn't a deal-breaker, it will certainly weigh on Zoom's growth and delay its ability to reach Wood's target on her ambitious schedule.
The nuts and bolts
To put Zoom's seemingly subpar performance over the past year into context, let's dig into its recent results.
In its fiscal 2022 (which ended Jan. 31, 2022), its revenue grew 55% to $4.1 billion, while net income soared 105% to $1.38 billion. Those lockdown- and remote-work-fueled gains set the stage for extremely tough comps in the following year.
Fast-forward to January 2023, and Zoom has been suffering -- not only from the unrealistic expectations generated by its earlier growth spurt, but also from macroeconomic headwinds that have businesses broadly reining in spending. As a result, in Zoom's fiscal 2023 third quarter (which ended Oct. 31, 2022), revenue grew by just 5% year over year (7% in constant currency) to $1.1 billion. Customer growth slowed to just 14% year over year.
On the bright side, however, Zoom has continued to generate profits, though its net income tumbled 86% to $48.4 million. This is in stark contrast to many smaller technology companies that continue to generate losses with no end in sight.
The overall economic climate will continue to weigh on Zoom, making it even less likely that the stock will achieve Wood's bullish price targets. That said, there are still reasons to believe that Zoom stock is a buy.
Driving growth
Its industry-leading position is a good place to start. While estimates vary, Zoom is the leading video conferencing software by a wide margin, with 55% of the market in 2022, according to Statista. This allows Zoom to market new and expanded products in its portfolio to a massive, already-acquired audience, making each existing customer more valuable.
Among the company's recent innovations are Zoom Phone -- a cloud-based phone system for business; Zoom IQ -- which provides actionable insights for sales meetings; Zoom Rooms -- which can be used for physical videoconferencing or hybrid meetings; and Zoom Contact Center -- which is optimized for video communications. The company continues to expand the capabilities of its digital meeting software, integrating chat, email, calendar, phone, and even whiteboard functions into its platform.
This strategy is working, as evidenced by Zoom's net dollar expansion rate of 117% for its enterprise customers. Perhaps more importantly, it has 3,286 customers contributing $100,000 or more each in trailing 12-month revenue, up 31% year over year. So it's expanding its most lucrative business segment at a faster rate.
Furthermore, the global videoconferencing market was valued at $6.28 billion in 2021, but is expected to grow at a compound annual rate of 12.5% through 2030 to reach nearly $20 billion. As the market leader, Zoom is well-positioned to capture a large share of that growth.
One final note: The stock is trading near its cheapest valuation ever, with a price-to sales-ratio of roughly 4. That's not to say the share price couldn't fall further, but if Wood's forecasts are anywhere near reality, Zoom Video Communications stock could indeed soar from here.
Need help finding the right guy at Zoom. He or she probably needs to be an executive or high-level marketing employee.
The Musella Foundation For Brain Tumor Research & Information, Inc. does incredible work organizing the collaboration of research scientists to find cures for cancer. His online meetings can include 1000s of participants. He is not funded well and has had to resort to facebook for large >500 participant meetings because of costs. Apparently, now FB has kicked him off because of malicious Big Pharma influence and pressure. Who can we talk with to get some relief in cost from Zoom?
ZM Zoom Video Communications Q3 EPS $1.07 Beats $0.84 Estimate, Sales $1.10B Beat $1.10B Estimate
By Benzinga — 4:05 PM ET 11/21/22
https://stockcharts.com/h-sc/ui?s=ZM
Zoom Video Communications (NASDAQ:ZM) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.84 by 27.38 percent. This is a 3.6 percent decrease over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.10 billion by 0.09 percent. This is a 4.78 percent increase over sales of $1.05 billion the same period last year.
ZM Zoom Video Guides For Q4 EPS of $0.75-$0.78 on Revenue of $1.095-$1.105 Billion, vs CIQ Analyst Consensus of $0.82/Share on Revenue of $1.12 Billion
By MT Newswires — 4:09 PM ET 11/21/22
04:09 PM EST, 11/21/2022 (MT Newswires) --
Price: 82.71, Change: +2.45, Percent Change: +3.05
I grabbed a $5K starter position in this today.
Winner, winner, chicken dinner.
You were right!
Zoom Video Communications, Inc. Class A (ZM) is currently at $82.86, down $14.58 or 14.97%
ARK’s Expected Value For Zoom Video Communications In 2026: $1,500 Per Share
https://ark-invest.com/articles/analyst-research/arks-zoom-model/
https://m.ariva.de/amp/aktie-von-zoom-video-communications-im-hhenflug-10244793
In Germany ! Good News for Zoom !!!
Product info. $ZM was founded by an employee of $CSCO Webex.
Webex has been used by Corporations for a very long time.
Another competitor is $MSFT product called TEAMS.
Companies already have $MSFT Office and Teams is an easy add on.
$CRM bought Slack and doesn't really have a video component but a superior chat, with the ability to call from the computer to another person's computer.
If $ZM would be accretive to earnings, then it would make sense for $CRM to buy it.
Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2023
May 23 2022 - 04:05PM
Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2022.
“In Q1, we launched Zoom Contact Center, Zoom Whiteboard and Zoom IQ for Sales, demonstrating our continued focus on enhancing the customer experience and promoting hybrid work. We believe these innovative solutions will further expand our market opportunity for future growth and expansion with customers,” said Zoom founder and CEO, Eric S. Yuan. “Additionally in Q1, we delivered revenue of over one billion dollars driven by ongoing success in Enterprise, Zoom Rooms, and Zoom Phone, which reached 3 million seats during the quarter. We also maintained strong profitability and cash flow, including 17% in GAAP operating margin, approximately 37% non-GAAP operating margin, approximately 49% operating cash flow margin, and over 46% adjusted free cash flow margin.”
First Quarter Fiscal Year 2023 Financial Highlights:
Revenue: Total revenue for the first quarter was $1,073.8 million, up 12% year over year.
Income from Operations and Operating Margin: GAAP income from operations for the first quarter was $187.1 million, compared to GAAP income from operations of $226.3 million in the first quarter of fiscal year 2022. After adjusting for stock-based compensation expense and related payroll taxes, litigation settlements, net, and acquisition-related expenses, non-GAAP income from operations for the first quarter was $399.6 million, compared to non-GAAP income from operations of $400.9 million in the first quarter of fiscal year 2022. For the first quarter, GAAP operating margin was 17.4% and non-GAAP operating margin was 37.2%.
Net Income and Diluted Net Income Per Share: GAAP net income attributable to common stockholders for the first quarter was $113.6 million, or $0.37 per share, compared to GAAP net income attributable to common stockholders of $227.4 million, or $0.74 per share in the first quarter of fiscal year 2022.
Non-GAAP net income for the first quarter was $315.8 million, after adjusting for stock-based compensation expense and related payroll taxes, litigation settlements, net, losses on strategic investments, net, acquisition-related expenses, undistributed earnings attributable to participating securities, and the tax effects on non-GAAP adjustments. Non-GAAP net income per share was $1.03. In the first quarter of fiscal year 2022, non-GAAP net income was $402.1 million, or $1.32 per share.
Cash and Marketable Securities: Total cash, cash equivalents, and marketable securities, excluding restricted cash, as of April 30, 2022 was $5.7 billion.
Cash Flow: Net cash provided by operating activities was $526.2 million for the first quarter, compared to $533.3 million in the first quarter of fiscal year 2022. Adjusted free cash flow, which is net cash provided by operating activities less purchases of property and equipment, plus litigation settlement payments, net, was $501.1 million, compared to $454.2 million in the first quarter of fiscal year 2022.
Customer Metrics: Drivers of total revenue included acquiring new customers and expanding across existing customers. At the end of the first quarter of fiscal year 2023, Zoom had:
Approximately 198,900 Enterprise customers, up 24% from the same quarter last fiscal year.
A trailing 12-month net dollar expansion rate for Enterprise customers of 123%.
2,916 customers contributing more than $100,000 in trailing 12 months revenue, up approximately 46% from the same quarter last fiscal year.
Financial Outlook: Zoom is providing the following guidance for its second quarter fiscal year 2023 and its full fiscal year 2023.
Second Quarter Fiscal Year 2023: Total revenue is expected to be between $1.115 billion and $1.120 billion and non-GAAP income from operations is expected to be between $360.0 million and $365.0 million. Non-GAAP diluted EPS is expected to be between $0.90 and $0.92 with approximately 308 million non-GAAP weighted average shares outstanding.
Full Fiscal Year 2023: Total revenue is expected to be between $4.530 billion and $4.550 billion. Full fiscal year non-GAAP income from operations is expected to be between $1.480 billion and $1.500 billion. Full fiscal year non-GAAP diluted EPS is expected to be between $3.70 and $3.77 with approximately 309 million non-GAAP weighted average shares outstanding.
Additional information on Zoom's reported results, including a reconciliation of the non-GAAP results to their most comparable GAAP measures, is included in the financial tables below. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future, although it is important to note that these factors could be material to Zoom's results computed in accordance with GAAP.
A supplemental financial presentation and other information can be accessed through Zoom’s investor relations website at investors.zoom.us.
Zoom Video Earnings Call
Zoom will host a Zoom Video Webinar for investors on May 23, 2022 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the company’s financial results, business highlights and financial outlook. Investors are invited to join the Zoom Video Webinar by visiting: https://investors.zoom.us/
Zoom earnings beat expectations, stock soars 18% after hours
https://finance.yahoo.com/news/zoom-q1-earnings-2023-194213757.html
Stock Repurchase Authorization: Zoom’s Board of Directors has authorized a stock repurchase program of up to $1.0 billion of Zoom’s outstanding Class A common stock. The program will expire in February 2024.
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