Historial

  1. Don’t get us wrong, Zoom is still doing great. [url=https://investors.zoom.us/news-releases/news-release-details/zoom-reports-results-third-quarter-fiscal-year-2021]Q3 results[/url] come out and it’s all rosy – total revenue are up 367% year-on-year to $777.2m, while GAAP income from operations is $192.2m, a heck of a lot better than the $1.7m loss it posted in the third quarter of 2019. CEO Eric Yuan puts it down to “strong demand and execution,” which sounds about right. But although Zoom still beat analyst expectations for its Q3 earnings (99 cents per share versus 76), there are fears that its breakneck growth could finally be slowing down. The firm said that it expected 329% in revenue growth for Q1 2020, a slight slowdown compared with previous quarters. And it didn’t help that CEO Yuan didn’t actually join the earnings webcast, saying that he had “a personal conflict arise.” It translated into the share price, which dropped about 5% in after hours trading on the day of the results, and a further 15% by the close of December 1. According to [url=https://www.forbes.com/sites/jonathanponciano/2020/12/01/billionaire-zoom-founders-net-worth-plunged-7-billion-since-october-as-explosive-pandemic-growth-slows/?sh=776a0107453c]Forbes[/url], that hit Eric Yuan’s personal fortune to the tune of about $2.8 billion. Ouch, that’s gonna sting. But don’t worry, he’s still got about 18 billion left, so we think he’ll be OK.
    Don’t get us wrong, Zoom is still doing great. [url=https://investors.zoom.us/news-releases/news-release-details/zoom-reports-results-third-quarter-fiscal-year-2021]Q3 results[/url] come out and it’s all rosy – total revenue are up 367% year-on-year to $777.2m, while GAAP income from operations is $192.2m, a heck of a lot better than the $1.7m loss it posted in the third quarter of 2019. CEO Eric Yuan puts it down to “strong demand and execution,” which sounds about right. But although Zoom still beat analyst expectations for its Q3 earnings (99 cents per share versus 76), there are fears that its breakneck growth could finally be slowing down. The firm said that it expected 329% in revenue growth for Q1 2020, a slight slowdown compared with previous quarters. And it didn’t help that CEO Yuan didn’t actually join the earnings webcast, saying that he had “a personal conflict arise.” It translated into the share price, which dropped about 5% in after hours trading on the day of the results, and a further 15% by the close of December 1. According to [url=https://www.forbes.com/sites/jonathanponciano/2020/12/01/billionaire-zoom-founders-net-worth-plunged-7-billion-since-october-as-explosive-pandemic-growth-slows/?sh=776a0107453c]Forbes[/url], that hit Eric Yuan’s personal fortune to the tune of about $2.8 billion. Ouch, that’s gonna sting. But don’t worry, he’s still got about 18 billion left, so we think he’ll be OK.

    Dont get us wrong, Zoom is still doing great. [url=https://investors.zoom.us/news-releases/news-release-details/zoom-reports-results-third-quarter-fiscal-year-2021]Q3 results[/url] come out and its all rosy total revenue are up 367% year-on-year to $777.2m, while GAAP income from operations is $192.2m, a heck of a lot better than the $1.7m loss it posted in the third quarter of 2019. CEO Eric Yuan puts it down to strong demand and execution, which sounds about right. But although Zoom still beat analyst expectations for its Q3 earnings (99 cents per share versus 76), there are fears that its breakneck growth could finally be slowing down.  
     
    The firm said that it expected 329% in revenue growth for Q1 2020, a slight slowdown compared with previous quarters. And it didnt help that CEO Yuan didnt actually join the earnings webcast, saying that he had a personal conflict arise. 
     
    It translated into the share price, which dropped about 5% in after hours trading on the day of the results, and a further 15% by the close of December 1.  According to [url=https://www.forbes.com/sites/jonathanponciano/2020/12/01/billionaire-zoom-founders-net-worth-plunged-7-billion-since-october-as-explosive-pandemic-growth-slows/?sh=776a0107453c]Forbes[/url], that hit Eric Yuans personal fortune to the tune of about $2.8 billion. Ouch, thats gonna sting. But dont worry, hes still got about 18 billion left, so we think hell be OK.

    Cambiado vía la API .
    Copy to clipboard