Zoom shares jumped on Thursday after the company reported better-than-expected results for the second quarter and lifted its full-year guidance.
Revenue for fiscal 2025 will be between $4.63 billion and $4.64 billion, Zoom said, after previously expecting sales for the year of up to $4.62 billion.
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019.shares soared the most since November 2022 on Thursday after the video chat company reported better-than-expected results for the second quarter and raised its full-year guidance. For the full fiscal year, Zoom now expects revenue of $4.63 billion to $4.64 billion. The last time Zoom provided guidance, the company said the top end of the expected range was $4.62 billion.
Business Social Media Breaking News: Technology Zoom Video Communications Inc Earnings Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zoom calls for Harris bring funds, excitement from celebrities and supportersA Thursday Zoom call featured soccer champion Megan Rapinoe.
Read more »
EUR/GBP trades with mild losses below 0.8600 as UK economy expands 0.6% QoQ in Q2The EUR/GBP cross weakens near 0.8565 on Thursday during the early European session on Thursday.
Read more »
Zoom stock has best day in almost two years on quarterly results, increased guidanceZoom shares jumped on Thursday after the company reported better-than-expected results for the second quarter and lifted its full-year guidance.
Read more »
Zoom stock has best day in almost two years on quarterly results, increased guidanceZoom shares jumped on Thursday after the company reported better-than-expected results for the second quarter and lifted its full-year guidance.
Read more »
Jim Cramer's top 10 things to watch in the stock market ThursdayCiti backs Nvidia ahead of earnings, while James Gorman is in charge of Disney's succession planning.
Read more »
5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
Read more »