Zoom Communications Inc. (NASDAQ: ZM) saw a 12.71% surge in stock price on Friday following strong earnings and an optimistic growth outlook for fiscal year 2026. Net income for Q2 of fiscal year 2026 grew by 63% to $358 million, with revenues up by 3.4% to $1.2 billion. For the first half, net income increased by 40.9% to $613 million and revenues inched up by 3.9% to $2.39 billion. Zoom Communications has raised its full-year revenue outlook to $4.825 billion – $4.835 billion. Investors are encouraged by these results, but other AI stocks may offer higher returns with less risk.
Read more at Yahoo Finance: Zoom Communications (ZM) Soars 12.7% on Strong Earnings, Outlook
