Zoom Communications Surpasses Earnings Expectations with AI-Driven Growth
Zoom Video Communications (ZM) delivered a robust quarterly performance, exceeding analyst estimates on both earnings and revenue. Shares climbed 5% in after-hours trading as the company raised its full-year guidance, signaling confidence in its growth trajectory.
The teleconferencing giant posted EPS of $1.53, outpacing the $1.37 consensus, while revenue reached $1.22 billion against expectations of $1.20 billion. Fiscal 2026 revenue projections now stand at $4.83-$4.84 billion, up from prior estimates of $4.80-$4.81 billion.
Zoom's strategic AI integration continues to bear fruit, with its VIRTUAL Agent 2.0 showcasing advanced autonomous capabilities. The company's expansion beyond core video-conferencing into new markets demonstrates the scalability of its AI-enhanced platform.