10:23 AM EDT, 08/22/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.)
Zoom Communications ( ZM ) shares were up nearly 10% in recent Friday trading, a day after the video conferencing services provider posted higher fiscal Q2 adjusted earnings and revenue that also beat analysts' estimates, and raised its fiscal 2026 outlook, beating forecasts.
The company reported fiscal Q2 adjusted earnings late Thursday of $1.53 per diluted share, up from $1.39 a year earlier.
Analysts polled by FactSet expected $1.38.
Revenue for the three months ended July 31 was $1.22 billion, up from $1.16 billion a year earlier.
Analysts surveyed by FactSet expected $1.20 billion.
The company set fiscal Q3 adjusted EPS guidance of $1.42 to $1.44 on total revenue of $1.21 billion to $1.22 billion. Analysts expect EPS of $1.39 on revenue of $1.21 billion.
The company increased its fiscal 2026 adjusted EPS guidance to $5.81 to $5.84 from the prior outlook of $5.56 to $5.59. Analysts expect $5.61.
The company also raised its fiscal 2026 total revenue guidance to $4.83 billion to $4.84 billion from $4.80 billion to $4.81 billion earlier. Analysts expect $4.81 billion.
Price: 80.26, Change: +7.09, Percent Change: +9.69