Lates News

Zoom (ZM.O) announced profit forecasts lower than analysts' expectations, indicating higher cost pressures as the company actively promotes its expanded product portfolio. The statement says that earnings per share for the fiscal year ending January 2027, excluding certain items, will be between $5.77 and $5.81. Analysts' average expectation is $6.06 per share. Zoom has been committed to providing more office collaboration products, including enterprise phone systems and call center software. Many of these tools are based on artificial intelligence, and the cost of providing these services may be very high due to the use of models from companies like OpenAI.