Zoom Lifts Annual Guidance As It Hopes AI Will Help It Regain Its Pandemic Glory - Zoom Video Comms (NASDAQ:ZM)
Briefly

For the quarter that ended on October 31st, revenue grew 3.2% to $1.14 billion, slightly above FactSet's estimate of $1.12 billion. Zoom reported a net income of $141.2 million...
The AI companion was introduced during the third quarter. It allows paid users to access features including meeting summaries and catch-ups, along with email and chat composed prompts....
Zoom lifted both its annual adjusted profit and revenue forecast. It guided for an annual adjusted profit per share in the range between $4.93 and $4.95 and forecasted revenue in the range between $4.485 billion to $4.495 billion....
Read at Benzinga
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