Zoom Video Communications Inc (NASDAQ:ZM) shares moved 1% higher after Monday’s closing bell as the video conferencing platform raised its full-year sales guidance.
For 2023, Zoom now expects revenue between $4.506 billion and $4.511 billion and adjusted earnings per share between $4.93 to $4.95. This tops estimates of $4.49 billion and $4.66, respectively.
Agilent Technologies (NYSE:A) shares jumped more than 6% after the company announced fourth-quarter 2023 financial results that exceeded expectations on both the top and bottom lines.
The analytical and clinical laboratory technologies provider’s adjusted earnings per share (EPS) for the period declined 10% year over year to $1.38, while its revenue fell 9% to $1.69 billion.
Trip.com Group Limited shares climbed 1.5% after the company topped earnings expectations with its third-quarter results.
The Shanghai-based travel services company posted earnings of $1 per share, well ahead of the $0.68 per share expected by analysts. Revenue was $1.88 billion, short of the $1.92 billion Street analysts called for.
Meanwhile, the Biden administration is maintaining its relationship with Elon Musk’s SpaceX and Starlink companies despite condemning the CEO for amplifying antisemitic on X, a National Security Council (NSC) spokesperson said on Monday.
“There’s innovation out there in the private sector that we’d be foolish to walk away from,” NSC spokesman John Kirby said when asked if the White House was considering nixing its contracts with Musk’s companies.