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"Zoom's Stock Soars on Strong Earnings and Share Buyback"

1 min read
Source: Yahoo Finance
"Zoom's Stock Soars on Strong Earnings and Share Buyback"
Photo: Yahoo Finance
TL;DR

Zoom Video Communications reported fourth-quarter earnings that exceeded analyst expectations with adjusted earnings per share of $1.42 and revenue of $1.15 billion, along with plans to buy back up to $1.5 billion worth of shares. The company also highlighted its growth in enterprise customers and addressed competition from other video call services, leading to a surge in its stock price.

Topics:businessbusiness-technology#business-technology#earnings#share-buyback#stock-market#video-conferencing#zoom-video-communications
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  1. Zoom stock soars on earnings beat, share buyback  Yahoo Finance
  2. Zoom shares jump as quarterly results beat on top and bottom lines  CNBC
  3. Zoom's stock jumps 10% on strong results, guidance amid AI push  MarketWatch
  4. Zoom Gains After Sales Top Estimates on Enterprise Customers  Yahoo Finance
  5. Zoom beats estimates on strong product demand, announces share buyback  Reuters

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