Zoom's Stock Surges on Q3 Beat, Raised Guidance
Update: 2025-11-25
Description
Zooms stock surged by 13.5% in afternoon trading following the release of better-than-expected third-quarter financial results and raised profit predictions for the year. The company reported revenue of $1.23 billion, a 4.4% increase from last year, and adjusted earnings per share of $1.52, beating forecasts. Zoom also raised its full-year adjusted earnings per share guidance to $5.96. This positive news led to a significant stock price increase, with Zoom reaching a new fifty-two-week high of $90.26 per share.
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