Zoom bumps its longer-term outlook higher, but near-term forecast comes up short

Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
By: market watch Posted On: May 21, 2024 View: 41

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Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the video-calling platform’s products.

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