Zoom Video Communications Stock News

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Zoom Video Communications stock (NASDAQ: ZM) price rose 13.1% on 22nd August, as compared to a nearly 1% decrease in the S&P500 index. In sharp contrast, Zoom Video Communications' peer Microsoft (NASDAQ: MSFT) posted a 2% drop on that same day.

Zoom's Q2 results showed progress, as the company's results beat analyst expectations. The company is gaining a lot of momentum in the contact center space with its AI-powered offering.

Zoom Video Communications (ZM) shares popped Thursday after the provider of remote video services reported better-than-expected results and provided a rosy outlook as it held on to more customers.

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.

Revenue beat expectations, reaching $1.163 billion, a 2.1% year-over-year increase. Non-GAAP income from operations significantly surpassed guidance at $455.5 million.

Zoom stock is rallying after the company reported solid earnings thanks to demand for its AI-powered collaboration tools. Here's what you need to know.

Zoom Video Communications, Inc. NASDAQ: ZM is a leading provider of video communication and collaboration solutions, and its products are used in personal and business environments. Zoom's financial results for the second quarter of fiscal year 2025 were recently released, and the results exceeded the expectations of the analyst community.