Next Zoom Following Video Con Apps Are Investors’ Focus

Zoom Video Communications posted surprisingly strong results for the quarter ended in July, as investors underestimated the power of the lift the next zoom received from the Covid-19 pandemic

Zoom Video Communications (ticker: ZM) posted surprisingly strong results on Monday for the quarter ended in July, as investors underestimated the power of the lift the company received from the Covid-19 pandemic and the related transformation of the global economy. That spurred a huge run in next Zoom shares on Tuesday, with the stock up 39% in afternoon trading and on track for its best day ever as a public company.

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And it has investors scrambling for other hidden Zooms—companies that have yet to report financial results for the quarter but have demonstrated they are benefiting from the pandemic. Here is a rundown of the movers, when they report, and previous guidance or Wall Street estimates.

CrowdStrike (CRWD), up 13.6%. The security-software company reports second-quarter results on Wednesday. It projects revenue of $185.8 million to $190.3 million, with non GAAP earnings per share ranging from a loss of 2 cents to break-even. CrowdStrike sees revenue for the full year ending in January of $761.2 million to $772.6 million, with a non-GAAP loss of 5 cents to 8 cents a share.

Zuora (ZUO), up 8.3%. A provider of cloud-based subscription-management software, the company also reports second-quarter results on Wednesday. Zuora projects total revenue of $72.5 million to $75 million, with a non-GAAP loss of 7 to 8 cents a share.

PagerDuty (PD), up 10%. The cloud-based help-desk software company reports on Wednesday for the second quarter. PagerDuty projects revenue of $50 million to $51 million, with a non-GAAP loss of 6 cents to 7 cents a share. The company sees full year revenue of $204 million to $213 million, with a non-GAAP loss of 25 cents to 30 cents a share.

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DocuSign (DOCU), up 19%. The leader in electronic-signature software reports its second quarter on Thursday. The company projects revenue of $316 million to $320 million, and sees full-year revenue of $1.313 billion to $1.317 billion.

Slack (WORK), up 5.1%. The workplace-collaboration software company reports second-quarter results on Sept. 8. Slack projects revenue of $206 million to $209 million, with a non-GAAP loss of 3 cents to 4 cents a share. The company sees full year revenue of $855 million to $870 million, and a non-GAAP loss of 17 cents to 19 cents a share.

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Coupa Software (COUP), up 5.9%. The business-spend management software company also reports on Sept. 8. Coupa sees revenue of $118 million to $119 million, with non-GAAP profits of 6 cents to 8 cents a share. Coupa projects full-year revenue of $489 million to $491 million.

Zscaler (ZS), up 11.1%. A provider of network access control software, the company reports its fourth quarter on Sept. 9. Zscaler projects revenue of $117 million to $119 million, with non-GAAP profit of 2 cents to 3 cents a share.

Chewy (CHWY), up 12.1%. The web-based pet-food products retailer reports for the second quarter on Sept. 10. The company projects revenue of $1.62 billion to $1.64 billion, with full-year revenue of $6.55 billion to $6.65 billion.

The article id originally published at Barrons.

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