Tech
Zoom reports Q4 revenue of $1.15B, up 2.6% YoY, vs. $1.13B est., Enterprise revenue of $667M, up 4.9% YoY, and announces a $1.5B stock buyback; ZM jumps 10%+ (Brody Ford/Bloomberg)
Brody Ford / Bloomberg:
Zoom reports Q4 revenue of $1.15B, up 2.6% YoY, vs. $1.13B est., Enterprise revenue of $667M, up 4.9% YoY, and announces a $1.5B stock buyback; ZM jumps 10%+ — The company also announced a $1.5 billion share buyback. The stock jumped more than 10% in extended trading.
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