Zoom forecasts current-quarter profit above estimates

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(Reuters) - Zoom Video Communications forecast third-quarter profit above Wall Street estimates on Monday, a positive sign for the company that has ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Zoom Video Communications forecast third-quarter profit above Wall Street estimates on Monday, a positive sign for the company that has tried to overcome a post-pandemic slowdown by offering a wider range of collaboration tools.

The San Jose, California-based company expects profit per share between $1.07 and $1.09 for the quarter, above analysts' average estimate of $1.03 per share, according to Refinitiv data.

 

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