Zoom Video reported strong revenue growth in Q3 2025, expanding into AI and platform development

From Zacks Investment Research: 2024-12-30 11:50:21

Zoom Communications (ZM) reported third-quarter fiscal 2025 revenues of $1.178 billion, beating expectations and growing 3.6% year over year. The successful launch of AI Companion 2.0 led to a 59% increase in Monthly Active Users quarter over quarter. Shares of Zoom have surged 41.6% in the past six months, outperforming the Computer and Technology sector. Enterprise revenues grew 6% year over year, with strong customer retention and satisfaction. Zoom’s expansion beyond video conferencing into AI and platform development is driving growth. The company’s financial strength, profitability, and shareholder returns are solid. Looking ahead, Zoom has raised its fiscal 2025 revenue guidance and expects continued growth with new product initiatives and AI capabilities. Zoom Video is currently a Zacks Rank #1 (Strong Buy) stock.



Read more at Zacks Investment Research: Zoom Video Poised for Growth in 2025: Time to Buy the Stock? – December 30, 2024