Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts' expectations.
Analysts surveyed by LSEG were looking for $1.13 in adjusted earnings per share and $1.13 billion in revenue.
For the 2025 fiscal year, Zoom sees $4.85 to $4.88 in adjusted earnings per share, with $4.60 billion in revenue, implying 1.7% revenue growth.
The LSEG consensus was adjusted earnings of $4.71 per share and revenue of $4.65 billion.
Before the jump, Zoom shares were down 12% so far this year, while the S&P 500 stock index had gained 6% over the same period.
Persons:
Eric Yuan, Zoom, Boris Schlossberg
Organizations:
Zoom Video Communications, Nasdaq, LSEG
Locations:
New York