Zoom Communications reported its financial results for the second quarter of fiscal year 2026, surpassing market expectations. The company posted adjusted earnings per share (EPS) of $1.53, exceeding the estimated $1.38, representing a 10% year-over-year increase. Revenue reached $1.22 billion, up 4.7% from the previous year and beating the estimated $1.20 billion. Enterprise revenue grew 7% to $730.7 million, above the $716.7 million forecast. Following these results, Zoom raised its full-year 2026 guidance, projecting revenue between $4.83 billion and $4.84 billion, and adjusted EPS in the range of $5.81 to $5.84, both higher than analyst estimates. The company also anticipates free cash flow between $1.74 billion and $1.78 billion. CEO Eric Yuan highlighted a surge in artificial intelligence (AI) usage among customers, which is contributing to the company's growth. Zoom's shares rose by approximately 5% to 6% in after-hours trading in response to the earnings beat and optimistic outlook. Additionally, Citi lowered its price target for Zoom to $85 from $89, maintaining a neutral rating.