Zoom Stock Retreats As Q2 Earnings, Guidance Underwhelm Amid Consumer Slowdown

Zoom Communications (ZM) reported second-quarter earnings and revenue that edged by consensus estimates amid better-than-expected enterprise sales. Zoom stock fell on Wednesday as October quarter revenue guidance came in slightly below Wall Street targets amid weakness in the consumer business. The software maker reported Zoom earnings after the market close on Tuesday. Zoom earnings for the July-ended quarter were $1.55…