Wednesday, 26 August, 2026
Zooming Out: Tepid Outlook Sends Shares Sliding
By TechShots Studio
Despite topping second-quarter earnings expectations, Zoom forecast third-quarter profit and revenue below Wall Street estimates. The video-conferencing platform expects adjusted profit of $1.46 to $1.48 per share, missing the $1.50 consensus. Stiff competition from rivals like Microsoft Teams and Google Meet is squeezing margins, sending Zoom's stock down nearly 4% in extended trading.