Zoomâs stock jumps 13% on strong results, guidance amid AI push
Published: Feb. 26, 2024 at 4:16 p.m. ET Zoom Video Communications Inc.âs stock surged in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts. The company also authorized a $1.5 billion buyback. Zoom ZM reported fiscal fourth-quarter net income of $298.8 million, or 95 cents cents a share, …