Victor: Zoom, Zoom, Zoom
User comment: Yes. Crazily my stocks per your recommendations were up a few days ago over 100% this year (but all in retirement which is good but honestly I could use some of that right now as an evacuee myself).
Luckily we’ve had wonderful friends to take care of us including Victor! Thank you again, my friend.
Victor:
Zoom (ZM) Earnings:
There are insufficient adjectives or superlatives, and I could not possibly be overly effusive about today’s ZM earnings call…the only negative was the difficult time I had understanding the CEOs thick accent on the earnings call, but I’ll take that minor inconvenience (the text is recorded and published afterwards) any day with the result they released today: Probably the best I’ve ever seen or heard for a second quarter in a row, if that makes any sense!?
In short…cause I’m tired and crashing to wake up and watch the stock in the morning be up another +$100 or more…(warning: numbers below may not seem real!!)
Zoom (ZM) – Q2’21
Revenue $663.5M +355% q/q, +102% seq
Adj Op Inc $277M +1238%
… margin 41.7% (vs 14.2%) +27.5pp
Adj Inc $274.8M +1045%
CFFO $401.3M +1186%
… margin 60.5% (vs 21.4%)
FCF 373.4M +2084%
… margin 56.3% (vs 11.7%)
Ladies & gents: these type of 4 digit percentage gains just do not happen…enjoy the fireworks and celebration tomorrow. After being up 10% in regular trading today, after hours today ZM was up another additional 23%!?!? Holy smokes… seems something besides the state of California is on fire!! 🔥
