Zoom pops as company beats expectations and issues strong guidance

▤ Summary

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, reacts while ringing the opening bell during the companys initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, April 18, 2019. Zoom shares rose as much as 11% in extended trading on Monday after the video-calling software maker reported fiscal fourth-quarter earnings that were stronger than analysts had expected. Analysts surveyed by Refinitiv had expected 72 cents in adjusted earnings per share on $829.2 million in revenue. Executives will discuss the results with analysts on a Zoom video call that starts at 5 p.m. Eastern time. WATCH: As Nasdaq 100 falls for sixth day in a row, traders name their top discount buys

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