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

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 1 billion more in share buybacks. For the quarter that ended on April 30, Zoom reported adjusted earnings per share of 1.55, up from […] The post Zoom raises outlook and authorizes $1B in buybacks after first-quarter beat appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-05-21