Zoom forecasts FY 2027 revenue of $5.08B-$5.09B and approves an additional $1B stock repurchase plan.
Zoom Communications raised its FY 2027 revenue guidance to a range of $5.08 billion to $5.09 billion, citing stronger-than-expected Q1 growth. The company reported a 5.5% year-over-year revenue increase, surpassing its prior guidance high end.
The revised outlook follows a quarter where Zoom attributed acceleration to its AI and platform strategy. The company also authorized an incremental $1 billion share buyback, adding to its existing repurchase program.
Management highlighted confidence in sustained momentum, though no immediate market reaction was disclosed in the earnings call summary.