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StockNews.com
StockNews.com
Business
Anushka Dutta

How Should Investors Trade Zoom Video Communications (ZM) After Earnings?

ZM Zoom Video Communications Zoom Video Communications Inc

Communication platform operator Zoom Video Communications, Inc. (ZM) reported robust second-quarter results and raised its full-year outlook this week. The company also aims to enhance productivity through Artificial Intelligence (AI).

For the second quarter (ended July 31), ZM’s revenue increased 3.6% year-over-year to $1.14 billion, while its non-GAAP net income and non-GAAP net income per share came in at $409.57 million and $1.34, up 26.6% and 27.6% from the prior-year quarter, respectively.

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