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Zoom exceeded Q1 earnings expectations, boosting its stock price with a 2.9% revenue increase.
Zoom reported strong first-quarter results for fiscal year 2026, exceeding analyst expectations with earnings of $1.43 per share and $1.17 billion in revenue.
The company saw a 2.9% increase in total revenue year-over-year, driven by a 5.9% rise in Enterprise revenue to $704.7 million.
Zoom also increased its full-year revenue guidance to between $4.800 billion and $4.810 billion, leading to a rise in its stock price.
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Zoom superó las expectativas de ganancias del primer trimestre, impulsando el precio de sus acciones con un aumento de ingresos del 2,9%.