If you haven`t bought ZM Zoom Video Communications ahead of earnings:
Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings!
The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins improved to 37.2%
Future adjusted profits between $3.70 and $3.77 per share Net income between $1.48 billion to $1.5 billion.