00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Zoom Communications reported second quarter financial results after the market closed
00:07Tuesday, according to Benzinga Pro. The company reported second quarter adjusted earnings of
00:121.55 per share and revenue of $1.28 billion, beating analyst estimates of $148 per share
00:20and $1.27 billion, respectively. Revenue rose 4.9% year over year, with enterprise revenue
00:26increasing 7.8% to $787.5 million and online revenue rising 0.6% to $489.7 million.
00:36Founder and CEO Eric Yuan said customer adoption of its AI products continued to grow, with
00:41Zoom, virtual agent customers increasing 256% year over year. The company raised its full
00:47year outlook to adjusted earnings of $6 or a wait to 6 times 12 per share and revenue of
00:53$5 to $85 billion to $5 to $95 billion. Shares were down by 6.86% at 94 bar year
01:00in Wednesday's
01:00pre-market trading, according to Benzinga Pro.
01:03For all things money, visit Benzinga.com.
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