{"id":87465,"date":"2024-02-27T00:46:45","date_gmt":"2024-02-27T05:46:45","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87465"},"modified":"2024-02-27T00:32:20","modified_gmt":"2024-02-27T05:32:20","slug":"zoom-shares-jump-as-quarterly-results-beat-on-top-and-bottom-lines","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2024\/zoom-shares-jump-as-quarterly-results-beat-on-top-and-bottom-lines.html","title":{"rendered":"Zoom shares jump as quarterly results beat on top and bottom lines"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/ZM\/\">Zoom<\/a> shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts\u2019 expectations.Revenue increased less than 3% from $1.12 billion a year earlier, according to a <a rel=\"noreferrer noopener\" href=\"https:\/\/investors.zoom.us\/news-releases\/news-release-details\/zoom-video-communications-reports-fourth-quarter-and-fiscal-3\" target=\"_blank\">statement<\/a>. The company reported net income of $298.8 million, or 98 cents per share, for the quarter that ended Jan. 31, compared with a net loss of $104.1 million, or 36 cents per share, in the year-ago quarter.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/02\/26\/zoom-zm-q4-earnings-report-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts\u2019 expectations.Revenue increased less than 3% from $1.12 billion a year earlier, according to a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87465","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87465"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87465\/revisions"}],"predecessor-version":[{"id":87466,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87465\/revisions\/87466"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}