It appears that remote learning will remain in some fashion, even beyond the pandemic, according to a recent survey by the Rand Corporation think tank.
Customer Metrics: Drivers of total revenue included acquiring new customers and expanding across existing customers. At the end of the second quarter of fiscal year 2022, Zoom had:
2,278 customers
Zoom Video Communications (NASDAQ:ZM) reported quarterly earnings of $1.36 per share which beat the analyst consensus estimate of $1.16 by 17.24 percent. This is a 47.83 percent increase over earnings of $0.92 per share
On Wednesday, Salesforce.com Inc (NYSE: CRM) released better than expected fiscal second-quarter earnings estimates and full-year earnings guidance. Even the delta variant cannot harm its business, moreover, it can only accelerate it.
What is it about Fridays lately? Last week, Friday brought a critical speech from Fed Chairman Jerome Powell. This week, the August payrolls report comes Friday and could help shape market action and Fed policy as the month of September starts.
Some of the stocks that may grab investor focus today are:
Wall Street expects Zoom Video Communications Inc (NASDAQ: ZM) to report quarterly earnings at $1.16 per share on revenue of $990.96 million after the closing bell. Zoom shares fell 0.1% to $340.50 in after-hours trading.