Zoom Projects FY 2027 Revenue of $5.08B-$5.09B and Authorizes an Incremental $1B Buyback

Zoom projects FY 2027 revenue of $5.08B-$5.09B and authorizes an incremental $1B buyback

Zoom raises outlook and authorizes another $1B in buybacks after first-quarter beat

Shares in Zoom Communications Inc. jumped more than 7% in late trading today after the video communications company comfortably beat first-quarter earnings and revenue expectations, lifted its full-year outlook and authorized another $1 billion in share buybacks. For the quarter that ended on April 30, Zoom reported adjusted earnings per share of $1.55, up from […] The post Zoom raises outlook and authorizes another $1B in buybacks after first-q…