Zoom's Q3: AI Adoption Surges, Revenue Beats Estimates

Zooms Q3 results exceeded expectations, with revenue of $1.23 billion and adjusted earnings per share of $1.52. The companys AI Companion feature saw a fourfold increase in adoption, and new products like Contact Center and Workvivo are attracting fresh customers. Zoom expects Q4 revenue of $1.23 billion and raised full-year adjusted earnings per share guidance to $5.96. Investors will monitor AI product adoption and new solutions contributions to platform expansion.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.