Subscriber Login
Forgot Your Password?
30 Day Trial
Subscribe here online
Print out Subscription Form
[pdf format | html version]
Print out Subscription Form
[pdf format | html version]
Subscribe now by calling:
(800) 392-0998
TechStock Radar
September 2020
Monday, September 28, 2020, 4:40 PM — by Rob DeFrancesco, TechStock Radar
Sept Issue of TSP Available on Kindle

Download the new issue of Tech-Stock Prospector to your Kindle or Kindle reading app for iOS (iPad & iPhone) and Android. 

Order the latest issue of TSP here.

Here are some of the topics covered in the September 2020 issue:

*Remote learning in the spotlight

*Zoom Video continues to impress

*CrowdStrike protects cloud workloads

*IPO Focus: Snowflake

*Splunk continues its push to the cloud

*Fastly powers the edge cloud

*Why some smart investors like Nutanix

*Okta delivers strong top-line growth

Tuesday, September 1, 2020, 4:55 PM — by Rob DeFrancesco, TechStock Radar
Zoom Video Surges on Strong Earnings

Shares of Zoom Video (ZM, $457.69) today surged 40.7% and hit a new all-time high of $478 after the company last night reported FQ4 (July) EPS of 92 cents, 47 cents above the consensus estimate, on revenue of $663.5 million (+355% year over year) versus the consensus of $500.4 million. 

Zoom now has about 370,200 customers, up 458% from the year-ago level. There are 988 customers with more than $100,000 in trailing 12-month revenue, up 112% year over year.

For FQ3, Zoom sees revenue of $$685 million to $690 million, well above the consensus of $492.9 million. EPS guidance of 73 cents to 74 cents easily beats the consensus of 35 cents.

We highlighted Zoom Video as a main beneficiary of the Work From Home push in the March 2020 issue of Tech-Stock Prospector (TSP #217).

  1401 Q Street NW, Suite 603, Washington DC 20009.
(800) 392-0998 |
©Copyright 2020 by Tech Stock Prospector, LLC. All Rights Reserved.