News

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

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-05-21 22:33:20 UTC

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 buyba…

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-y… [+4353 chars]