Video communication software providerZoomStock prices plummeted more than 10% after trading on Monday. The company's latest earnings report showed that earnings for the second fiscal quarter exceeded analysts' expectations, but performance growth slowed compared to the previous quarter.

Financial reports show that Zoom's earnings per share after adjustment for the second fiscal quarter were 1.36 US dollars, and the market forecast was 1.16 US dollars; revenue increased 54% year-on-year to 1.02 billion US dollars, and the market expected 991 million US dollars, but there was a sharp slowdown from the 191% increase in the previous quarter.

Regarding the performance guidelines for the next quarter, Zoom expects adjusted earnings per share to be $1.07-1.08 billion, and revenue of $1,015 million to $1,020 million, which means a revenue increase of only 31%. The market expects the company's adjusted earnings of $1.09 per share and revenue of $1.01 billion.

Zoom also raised its performance guidelines for the entire fiscal year. It expects adjusted earnings per share to be 4.75-4.79 US dollars, and revenue of 4.05 billion to 4.01 billion US dollars, all higher than analysts' expectations. Previously, the company expected adjusted earnings of 4.56-4.61 US dollars, and revenue of 398-3.99 billion US dollars.

Zoom's stock price has risen about 3% since the beginning of this year, lagging behind the nearly 21% increase in the S&P 500 index during the same period.