Zoom stock fell sharply after its latest results came out. The company exceeded market sales targets for the quarter. But its future forecast failed to impress investors. Big business deals powered revenue growth. More large customers joined the platform. Enterprise growth sped up during the second quarter. Zoom also discussed its stake in AI firm Anthropic to show its AI plan.
The company added new products lately. Still, Zoom gave a weak financial outlook for upcoming periods. That soft guidance caused shares to fall after the report.