Previous close | 3.8600 |
Open | 3.8100 |
Bid | 3.6000 |
Ask | 3.7000 |
Strike | 66.00 |
Expiry date | 2024-05-24 |
Day's range | 3.6300 - 4.0100 |
Contract range | N/A |
Volume | |
Open interest | 37 |
The upbeat outlook suggests that Zoom's efforts to incorporate artificial intelligence (AI) into its offerings and broaden its range of services have been successful, capitalizing on the rise of hybrid work.The company introduced Zoom Workplace, an AI powered, open collaboration platform in March, along with new AI companion expansions, first unveiled in September last year, for paid users.Zoom, along with platforms like Microsoft's Teams and Cisco's Webex are pandemic darlings, which most businesses and individuals turned to, for connecting with employees and friends. The company now expects revenue of about $4.61 billion to $4.62 billion for 2025, compared to its earlier forecast of about $4.6 billion.
First quarter total revenue of $1,141.2 million, up 3.2% year over year as reported and 3.5% in constant currencyFirst quarter Enterprise revenue of $665.7 million, up 5.3% year over yearFirst quarter GAAP operating margin of 17.8% and non-GAAP operating margin of 40.0%First quarter operating cash flow of $588.2 million, up 40.6% year over yearRepurchased approximately 2.4 million shares of common stock SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: Z
Quarterly results are also coming from TJX, Palo Alto, and others. Economic data will include Fed minutes, existing-home sales, and purchasing managers’ numbers.