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Zoom Stock Jumps on Earnings Beat and Annual Guidance Raise

TheMotleyFool

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Zoom Stock Jumps on Earnings Beat and Annual Guidance Raise: https://g.foolcdn.com/editorial/images/733550/zm-stock-zoom-stock-earnings.png

Zoom Video Communications (NASDAQ: ZM) stock gained 3.8% in Monday's after-hours trading, following the cloud-based communications company's release of its results for the second quarter of fiscal 2024 (ended July 31).

The stock's rise is attributable to the quarter's revenue and earnings exceeding Wall Street's consensus estimates and management increasing its annual guidance on the top and bottom lines.

Here's a look at Zoom's quarter and guidance centered around five key metrics.

Source Fool.com

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