Shares of communications platform Zoom Video Communications ( ZM -6.31% ) dropped on Tuesday after the technology company reported financial results for its fiscal third quarter of 2025. Everything in the quarter was actually fine. But going into the report, Zoom stock was at a two-year high and had risen over 50% in just a few months. It seems that financial results weren't quite inspiring enough to keep investors from taking recent profits off of the table. And that's why Zoom stock was down about 8% as of 2:45 p.m. ET. The beat and raise was modest for Zoom To reiterate, Zoom's financial results beat expectations on both the top and bottom lines. Moreover, management even raised its full-year guidance. Previously its guidance was for revenue of $4.630 billion to $4.640 billion, whereas now the revenue guidance is modestly higher at $4.656 billion to $4.661 billion. Similarly, Zoom's management expects full-year adjusted earnings per share (EPS) of $5.41 to $5.43, whereas before it only expected adjusted EPS of $5.29 to $5.31. Beating and raising guidance is good. But consider that Zoom's Q3 revenue was only up 3.6% year over year and guidance is only modestly higher. That's why investors weren't more upbeat about the report. One thing to watch One thing is for sure: Zoom is a profitable business with tons of cash. The company has $7.7 billion in cash, cash equivalents, and marketable securities. And it's on pace to generate about $1.6 billion in full-year free cash flow . With this, it's looking to give back to shareholders with a total buyback plan of about $2 billion as of this writing. The problem is that Zoom already repurchased 4.4 million shares in Q3 and yet the outstanding share count still went up due to stock-based compensation . Buyback plans boost the share price when the number of shares go down. So investors should keep an eye on stock-based compensation from here because it is one of the issues that's preventing Zoom stock from performing better.ECHL: ADK Thunder look to regroup back on home iceSaquon Barkley is the NFL's version of Shohei Ohtani: Analysis
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NEW YORK — Oliver Bjorkstrand had two goals and two assists to help Philipp Grubauer and the Seattle Kraken beat the New York Rangers 7-5 on Sunday. Eeli Tolvanen had a goal and two assists for Seattle, which trailed 3-1 early in the second period. Brandon Tanev, Vince Dunn, Shane Wright and Yanni Gourde also scored, and Grubauer made 32 saves. K'Andre Miller and Vincent Trocheck each had a goal and an assist for New York, which lost for the seventh time in nine games. Reilly Smith, Filip Chytil and Alexis Lafreniere also scored. The Rangers traded captain Jacob Trouba to Anaheim on Friday, and then topped Pittsburgh for a 4-2 victory. Jonathan Quick made 15 saves for New York while subbing for Igor Shesterkin, who was away from the team because his wife went into labor with their second child. Shesterkin's eight-year contract extension was announced Saturday. Wright's seventh goal of the season gave Seattle a 6-3 lead 11:13 into the third period. But New York pulled within one on goals by Miller and Lafreniere. Gourde's empty-netter at 18:14 helped close it out for the Kraken. Takeaways Rangers: Allowed six or more goals for the third time in their last eight home games. Kraken: Grubauer won for only the second time in 10 decisions. Key moment Tolvanen's tying goal 88 seconds after Tanev cut Seattle's deficit to one energized the Kraken in the second period. Key stat The Rangers fell to 7-6-1 at home with a third loss in their last five games at Madison Square Garden. Up next The Kraken host the Florida Panthers on Tuesday. The Rangers host the Chicago Blackhawks on Monday.
Donald Trump said “unity” would be the message of his inauguration speech as he backed away from his threat to set a special prosecutor on Joe Biden while suggesting his top legal officials should “look at” his political enemies. Trump also said he would consider child migrants who had been in the US for many years for citizenship as he appeared less aggressive in his first TV interview since the election than on the campaign trail. He said the US would “absolutely” leave Nato if other members did not pay enough and suggested some rivals like Liz Cheney “should go to jail” but would leave any prosecutions up to Pam Bondi, his nominee for attorney-general. He said he would look at pardons for jailed JanuaryIntercontinental Exchange Inc. stock outperforms competitors despite losses on the dayNone
