🔴 Zoom Video Communications is trading 5.3% down today after cautious third-quarter guidance

Zoom Video Communications is trading 5.3% down now at $95.53 after investors focused on cautious third-quarter guidance despite a second-quarter revenue and adjusted-EPS beat.

• Management projected third-quarter adjusted EPS of $1.46–$1.48, below the $1.50 consensus; revenue guidance was viewed as soft.
• The decline extended losses after the August 25 earnings release, reflecting a negative earnings outlook reaction.