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Benzinga

Business

Dylan Berman

Zoom Stock Is Trading Higher Friday: What's Going On?

Zoom

Zoom Communications, Inc. (NASDAQ:ZM) shares are trading higher Friday after the company reported better-than-expected second quarter financial results, issued third quarter adjusted earnings per share above estimates, and raised its fiscal year 2026 guidance above estimates.

What To Know: The company reported adjusted earnings per share of $1.53, beating the consensus estimate of $1.37. In addition, the company reported sales of $1.21 billion, beating the consensus estimate of $1.19 billion.

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