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Zoom Video beats earnings outlook, sees further strong growth in new year

2020-03-05 08:47:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast. 

Tags: new year video strong

 

Berlin Beats London for Investors Buying Prime Property

2020-02-28 16:47:00| National Real Estate Investor

Prime residential properties in San Francisco are outperforming those in New York on pricing, according to Savills.

Tags: property london berlin buying

 
 

EOG Resources Beats Profit Estimates On Higher Output, Boosts Dividend

2020-02-28 15:11:17| OGI

The Houston-based companys total production rose 11% to 78.2 million barrels of oil equivalent per day for the quarter ended Dec. 31.

Tags: resources higher output profit

 

Pioneer Natural Resources Quarterly Profit Beats Street Estimates

2020-02-20 11:10:00| OGI

Pioneer also joins shale rivals Concho Resources, Diamondback Energy and Devon Energy in boosting dividends to please investors who have been pushing for higher shareholder returns

Tags: resources street natural profit

 

NOV Profit Beats Estimates As Cost Cuts Pay Off

2020-02-07 21:00:00| OGI

National Oilwell Varco beat estimates for its fourth-quarter profit, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity.

Tags: off pay cost nov

 

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