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Stock impact report

Q4 Earnings Recap: Zoom (NASDAQ:ZM) Tops Video Conferencing Stocks [Yahoo! Finance]

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Yahoo! Finance
Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms. The 4 video conferencing stocks we track reported a weak Q4; on average, revenues were in line with analyst consensus estimates, while next quarter's revenue guidance was 1.9% below consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, and video conferencing stocks have had a rough stretch, with share prices down 16.7% on average since the previous earnings results. Best Q4: Zoom (NASDAQ:ZM) Started by Eric Yuan who once ran engineering for Cisco's video conferencing business, Zoom (NASDAQ:ZM) offers an easy to use, cloud-based platform for video conferen Show less Read more
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