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Zoom Falls 6% as Soft Q3 Profit Guidance Overshadows a Double Beat; HubSpot and Monday.com Slip
Source: 247wallst.com
Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Zoom Communications delivered an otherwise clean earnings beat, but a soft Q3 profit outlook is the key driver of the stock’s decline. The video-collaboration name is moving lower even as the broader software sector shows little reaction. Overall, the setup is cautious: the results beat helps, but the forward profit view offsets it.
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