No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 28, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Zoom lifts annual forecasts on robust demand amid AI push

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 1 min read
A A
Zoom lifts annual forecasts on robust demand amid AI push
Share on FacebookShare on TwitterShare on LInkedIn


By Juby Babu

(Reuters) -Zoom Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its products.

The integration of AI into its tools and expansion of its range of services has helped Zoom. It added agentic AI Companion capabilities and AI updates across its platform in March.

“Across online and enterprise, the majority of the business in the first quarter saw no change in buying behavior, still strong demand,” CFO Michelle Chang said on a post-earnings call.

Chang said no losses were incurred even though there was increased caution and more scrutiny on deal terms among a few larger U.S. customers.

The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, above its prior forecast of $4.79 billion and $4.80 billion. Analysts expect $4.79 billion, according to data compiled by LSEG.

“With a beefed-up buyback program and AI Companion upgrades now spanning everything from shift summaries to clip generation, Zoom finally has the makings of a new story to tell,” said Jeremy Goldman, senior director of briefings at Emarketer.

It forecast annual adjusted profit per share between $5.56 and $5.59, compared with estimates of $5.41. It had earlier forecast adjusted profit between $5.34 and $5.37.

Revenue for the first quarter ended April 30 was $1.17 billion, in line with expectations. Adjusted profit came in at $1.43 per share, compared with estimates of $1.31.

(Reporting by Juby Babu in Mexico City)



Source link

Tags: AnnualdemandforecastsliftsPushrobustZoom
ShareTweetShare
Previous Post

ZM Earnings: Zoom reports higher revenues and adj. profit for Q1 2026

Next Post

Can You Use the Same Tax Loopholes as Billionaires to Slash Your Tax Bill?

Related Posts

edit post
Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

by TheAdviserMagazine
October 28, 2025
0

The global energy transition continues to press forward, but tariff wars and the rising politicization of renewable power is hurting...

edit post
Wizz Air uncompromising on demands for Israel hub

Wizz Air uncompromising on demands for Israel hub

by TheAdviserMagazine
October 28, 2025
0

Senior officials from Israel’s Ministry of Transport have traveled to Hungary for intensive talks with top Wizz Air executives...

edit post
Trump says he is prepared to send ‘more than the National Guard’ into US cities

Trump says he is prepared to send ‘more than the National Guard’ into US cities

by TheAdviserMagazine
October 28, 2025
0

President Donald Trump told U.S. troops assembled in Japan on Tuesday that he was prepared to send "more than the...

edit post
Nokia shares jump on B Nvidia investment to grow AI networking, cloud footprint (NVDA:NASDAQ)

Nokia shares jump on $1B Nvidia investment to grow AI networking, cloud footprint (NVDA:NASDAQ)

by TheAdviserMagazine
October 28, 2025
0

BING-JHEN HONG/iStock Editorial via Getty ImagesTop chipmaker Nvidia (NASDAQ:NVDA) is investing $1B in Nokia (NYSE:NOK)—the former Finnish cellphone giant, which...

edit post
Amazon is pushing out thousands of workers into a job market that suddenly isn’t hiring

Amazon is pushing out thousands of workers into a job market that suddenly isn’t hiring

by TheAdviserMagazine
October 28, 2025
0

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting...

edit post
Secondary rounds in tech sector make a comeback

Secondary rounds in tech sector make a comeback

by TheAdviserMagazine
October 28, 2025
0

Secondary rounds in the tech industry - employees and founders selling shares as part of bringing new investors into...

Next Post
edit post
Can You Use the Same Tax Loopholes as Billionaires to Slash Your Tax Bill?

Can You Use the Same Tax Loopholes as Billionaires to Slash Your Tax Bill?

edit post
Texas man Sues Whataburger and Sonic for Serving Onions to Allergic Man

Texas man Sues Whataburger and Sonic for Serving Onions to Allergic Man

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

0
edit post
Reconciliation Bill More Harmful and Costly Than Previously Thought

Reconciliation Bill More Harmful and Costly Than Previously Thought

0
edit post
Virginia Court Reverses M Libel Judgment for School Board Chair Called “Sexual Predator/Harasser” by Activist

Virginia Court Reverses $1M Libel Judgment for School Board Chair Called “Sexual Predator/Harasser” by Activist

0
edit post
Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market Trading

Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market Trading

0
edit post
Elon Musk Wants  Trillion? Here Are 9 Better Places to Put That Money

Elon Musk Wants $1 Trillion? Here Are 9 Better Places to Put That Money

0
edit post
Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

0
edit post
Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

October 28, 2025
edit post
Virginia Court Reverses M Libel Judgment for School Board Chair Called “Sexual Predator/Harasser” by Activist

Virginia Court Reverses $1M Libel Judgment for School Board Chair Called “Sexual Predator/Harasser” by Activist

October 28, 2025
edit post
‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

October 28, 2025
edit post
Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

October 28, 2025
edit post
Wizz Air uncompromising on demands for Israel hub

Wizz Air uncompromising on demands for Israel hub

October 28, 2025
edit post
Elon Musk Wants  Trillion? Here Are 9 Better Places to Put That Money

Elon Musk Wants $1 Trillion? Here Are 9 Better Places to Put That Money

October 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Saudi power chair: Tariffs weaken the global energy transition and hurt humanity
  • Virginia Court Reverses $1M Libel Judgment for School Board Chair Called “Sexual Predator/Harasser” by Activist
  • ‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.