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☆ Zoom CFO Kelly Steckelberg goes one-on-one with Jim Cramer
▼ + stars: | 2024-02-27 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoom CFO Kelly Steckelberg goes one-on-one with Jim CramerZoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.

Persons: Kelly Steckelberg, Jim Cramer

☆ Our customers tell us they prefer Zoom over Microsoft Teams, says Zoom CFO Kelly Steckelberg
▼ + stars: | 2024-02-27 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur customers tell us they prefer Zoom over Microsoft Teams, says Zoom CFO Kelly SteckelbergZoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.

Persons: Kelly Steckelberg, Jim Cramer Organizations: Microsoft

☆ Zoom CFO explains how the company serves remote and in-person workers
▼ + stars: | 2024-02-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Zoom CFO Kelly Steckelberg told CNBC's Jim Cramer on Tuesday that the company is not just a video conferencing platform, saying it has successfully broadened its offerings. The great thing is that Zoom has tools to support them no matter where they are in that work journey." A staple for many during the pandemic, Zoom suffered as more people returned to offices and in-person events. Zoom CEO Eric Yuan lauded the success of the product during the company's conference call, saying it's "broadening the funnel into the Zoom platform." Steckelberg knocked Zoom's primary competitor, Microsoft , suggesting that some may be involuntarily shepherded into using the tech giant's Teams program.

Persons: Kelly Steckelberg, CNBC's Jim Cramer, they've, Steckelberg, Eric Yuan, we're Organizations: Broadcom, Diageo, Contact, Microsoft

☆ Jim Cramer says Wall Street initially got Lowe's quarter and guide wrong. Here's why
▼ + stars: | 2024-02-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Cramer said Stanley Black & Decker , a holding the CNBC Investing Club portfolio, is a buy off these Lowe's numbers. Macy's : The department store chain reported better than expected quarter but offered conservative guidance that missed forecast. Competitor Applovin is kind of crushing Unity, Cramer said. Workday : The provider of enterprise cloud applications for finance and human resources reported a better-than-expected quarter but its guidance was softer. Cramer said Workday, ServiceNow and Club holding Salesforce are the "three best software-as-a-service companies in the world."

Persons: Jim Cramer's, Marvin Ellison, Jim Cramer, Cramer, Stanley Black, Decker, Jeff Gennette, Tony Spring, There's, Kelly Steckelberg Organizations: CNBC, Club, Costco, Unity Software, Unity

☆ Zoom CFO Kelly Steckelberg on Q3 earnings beat, OpenAI partnership
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoom CFO Kelly Steckelberg on Q3 earnings beat, OpenAI partnershipZoom CFO Kelly Steckelberg joins 'Squawk Box' to discuss the company's quarterly earnings results, which posted better than expected third quarter results on top and bottom lines, OpenAI partnership, and more.

Persons: Kelly Steckelberg

☆ Billionaire CEOs said working from home made them happier. Some now want to fire workers who don't show up to the office.
▼ + stars: | 2023-08-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementThe Meta CEO told staff they could expect him to spend half of the next year working remotely. True to his word, in his first week Musk banned remote work in a 2:30 a.m email to Twitter staff. Still: Unlike some of the other wealthy CEOs on this list, Eric Yuan has always been a little skeptical of permanent remote work. Roy RochlinSalesforce CEO Marc Benioff was initially outspoken in his support for remote working. Joining the growing list of CEOs that say remote work is not conducive to productivity, Salesforce revised its work-from-anywhere strategy.

Persons: Mark Zuckerberg, Goldman Sachs, Prithwiraj Choudhury, Zuckerberg, Meta, I've, Erin Scott, Skip, Insider's Kali Hays, Hugh Langley, Evan Spiegel, Miranda Kerr, Pierre Mouton, Stringer, Spiegel, I'm, ERIC PIERMONT, Kali Hays, Jack Dorsey, PRAKASH SINGH, lockdowns, Dorsey, Elon Musk, Musk, Zoe Schiffer, hasn't, Eric Yuan, Kena, Zoom, Kelly Steckelberg, Yuan, Marc Benioff, Roy Rochlin, Salesforce, Benioff, Justin Sullivan, Kara Swisher Organizations: Service, Meta, Harvard Business School, Wall Street, Staff, CNBC, Getty, Twitter, San, New, Elon, San Francisco, Bloomberg, Zoom, Workers, MarketWatch, Smith, Yahoo Finance, Insider Locations: Wall, Silicon, San Francisco, Singapore, Silicon Valley , California

☆ Zoom CFO Kelly Steckelberg on Q2 earnings, return to work policy
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoom CFO Kelly Steckelberg on Q2 earnings, return to work policyZoom CFO Kelly Steckelberg joins 'Squawk Box' to discuss the company's quarterly earnings results, which beat on top and bottom lines and raised its full-year guidance, return to work policy, and more.

Persons: Kelly Steckelberg

☆ Zoom forecasts current-quarter profit above estimates on strong enterprise demand
▼ + stars: | 2023-08-21 | by ( Jaspreet Singh | ) www.reuters.com time to read: +2 min

The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. Zoom expects third-quarter revenue between $1.115 billion and $1.120 billion for the quarter, compared with analysts' average estimate of $1.13 billion, according to Refinitiv data. Excluding items, the company posted second-quarter profit of $1.34 per share, compared with target estimate of $1.05. Second-quarter enterprise revenue of the company rose 10.2% to $659.5 million. Zoom raised its annual revenue forecast to between $4.49 billion and $4.50 billion, compared with its earlier forecast of between $4.47 billion and $4.49 billion.

Persons: Carlo Allegri, Needham, Ryan Koontz, Webex, Koontz, Kelly Steckelberg, Zoom, Jaspreet Singh, Krishna Chandra Organizations: NASDAQ, REUTERS, Communications, Wall, Revenue, Thomson Locations: New York , New York, U.S, San Jose , California, Bengaluru

☆ Zoom beats expectations and lifts full-year guidance on enterprise business strength
▼ + stars: | 2023-08-21 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Here's how the company did:Earnings: $1.34 per share, adjusted, vs. $1.05 per share as expected by analysts, according to Refinitiv. $1.34 per share, adjusted, vs. $1.05 per share as expected by analysts, according to Refinitiv. Zoom's revenue grew 3.6% year over year in the quarter that ended on July 31, according to a statement. Three months ago Zoom said it was looking for $4.25 to $4.31 in adjusted earnings per share and $4.465 billion to $4.485 billion in revenue. Analysts polled by Refinitiv had predicted that Zoom would produce $4.30 in adjusted earnings per share and $4.49 billion in revenue.

Persons: Eric Yuan, Covid, Refinitiv, Kelly Steckelberg, Steckelberg Organizations: Nasdaq, Management Locations: New York, Refinitiv

☆ Zoom CFO: We expect enterprise business to drive growth in FY24
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoom CFO: We expect enterprise business to drive growth in FY24Zoom CFO Kelly Steckelberg joins 'Squawk Box' to discuss the company's enterprise business, the 'magic' formula in the company's growth, and more.

☆ Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targets
▼ + stars: | 2023-02-27 | by ( Tiyashi Datta | ) www.reuters.com time to read: +2 min

Analysts predict the AI tech will be a major driver for future growth for the tech industry, which has been grappling with slowing demand amid recessionary fears. San Jose, California-based Zoom forecast fiscal 2024 profit between $4.11 and $4.18 per share, compared with analysts' average estimate of $3.66 per share, according to Refinitiv data. On an adjusted basis, Zoom earned $1.22 per share for the fourth quarter ended Jan. 31, compared with estimates of 81 cents per share. Revenue grew 4% to $1.12 billion, above analysts' average expectation of $1.10 billion. The company, however, expects 2024 revenue between $4.44 billion and $4.46 billion, below average Street estimate of $4.60 billion.

☆ Tech kept talent happy doling out stock during the boom. It's screwing investors in the bust.
▼ + stars: | 2022-12-01 | by ( Asia Martin | ) www.businessinsider.com time to read: +5 min

As tech stock prices plunge, firms are granting new stocks to staff to keep compensation high. But as stock values tumble in the second half of 2022, investors are looking at the increase in stock-based compensation (SBC) as an issue. And tech companies have been issuing a lot of shares to not only attract new employees but hang on to their existing ones. Peloton granted more than 4 million stock options and 1.7 million RSUs in its fiscal year that ended in June 2021. "The drop in the stock price makes the expense, for lack of a better way to phrase it, a lot more expensive," he added.

☆ Zoom CFO Kelly Steckelberg breaks down Q3 earnings, future platform strategy
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoom CFO Kelly Steckelberg breaks down Q3 earnings, future platform strategyZoom CFO Kelly Steckelberg joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report, which sent shares of the video conferencing platform lower ahead of the open on Tuesday.

☆ Zoom cuts annual revenue forecast on slow online business
▼ + stars: | 2022-11-21 | by ( Tiyashi Datta | ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - Zoom Video Communications Inc (ZM.O) on Monday lowered its annual revenue forecast, as the video-conferencing platform expects a hit from declining online business. Zoom chief financial officer Kelly Steckelberg said during a post-earnings call that the company's online business would decline nearly 8% during the year. The easing of pandemic-related restrictions across the world is also weighing on its business as people started spending less time online. Zoom now expects annual revenue to be between $4.37 billion and $4.38 billion, compared with an earlier outlook of $4.39 billion and $4.40 billion. On an adjusted basis, the pandemic winner earned $1.07 per share during the quarter, compared with estimates of 84 cents, according to Refinitiv data.

☆ Zoom shares drop on light forecast as company faces 'heightened deal scrutiny'
▼ + stars: | 2022-11-21 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Zoom shares slumped more than 7% in extended trading on Monday after the video-chat company issued weaker-than-expected revenue guidance for its full fiscal year. Here's how the company did:Earnings: $1.07 per share, adjusted, vs. 84 cents per share as expected by analysts, according to Refinitiv. Revenue: $1.10 billion, vs. $1.10 billion as expected by analysts, according to Refinitiv. The company is seeing "heightened deal scrutiny for new business," CEO Eric Yuan said during the earnings call. Zoom lowered revenue guidance, mainly because of the strengthening U.S. dollar.

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