Zoom Soars on Blowout Earnings Beat, Upbeat Forecast, $1.5B Buyback Plan, and Free AI for All Users
- Zoom reported strong financial results, beating expectations for earnings and revenue
- The company issued an upbeat forecast for the current quarter
- Zoom announced a $1.5 billion share buyback program
- Zoom is committing to offering AI capabilities to all customers at no extra charge
- The company's stock jumped over 13% in after-hours trading following the earnings release