Zoom Stock Soars 13% Following Impressive Q2 Results and Guidance Boost

Zoom's stock surged 13% on Thursday after it reported better-than-expected Q2 results and raised its full-year revenue guidance. This marked its biggest gain since November 2022. Although the company has struggled post-pandemic, it has stabilized, reducing customer churn and expanding its contact center business. CFO Kelly Steckelberg will leave the company after the third quarter. Shares remain down 5.4% for the year.