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https://www.barrons.com/articles/zoom-stock-falls-despite-a-huge-earnings-beat-51606775080

Zoom Stocks Falls Despite Another Earnings Blowout

By
Eric J. Savitz
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Shares of Zoom Video Communications shares are dropping in premarket trading despite another quarter of blowout results from the company.

The videoconferencing firm, which has become the poster child for the way business, education, and recreation has changed during the pandemic, continues to defy Wall Street’s forecasts. For the fiscal third quarter ended Oct. 31, Zoom (ticker ZM) reported revenue of $777.2 million, up 367% from a year ago, with non-GAAP profits of 99 cents a share. Zoom had projected revenue for the quarter...

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