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Zoom Stock Retreats As Q2 Earnings, Guidance Underwhelm
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Zoom Communications (ZM) reported second-quarter earnings flat vs. a year earlier but met expectations. Revenue and enterprise sales edged by consensus estimates. Zoom stock fell as October quarter revenue guidance came in slightly below Wall Street targets. The software maker reported Zoom earnings after the market close on Tuesday. Zoom earnings for the July-ended quarter were $1.53 per share on…
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