Not sure what is needed to avoid being flagged as low effort, but it’s worth highlighting that another Reddit maligned stock has crushed earnings. Zoom has fallen heavily out of favor on this sub and is often dismissed as a failed teams competitor. I took up a positions a few months ago and was impressed by earnings this quarter. Zoom beat on both top and bottom lines. Earnings came up much better than expected at $1.42/share where expectations were around $1.15. Revenue was slightly higher than estimates at $1.15 billion against estimates of $1.13. $1.5 billion of share buybacks was also announced.
