Zoom Video Communications raised its annual revenue forecast on Monday, as hybrid work trends and the integration of artificial intelligence technology into its products boosted demand.
Shares of the San Jose, California-based firm rose more than 6% in trading after the bell.
Zoom now expects full-year revenue of between $4.506 billion and $4.511 billion, compared with an earlier forecast of $4.485 billion to $4.495 billion.
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