Zoom stock pops on earnings beat, guidance raise

Shares of Zoom Video Communications (ZM) jumped in after-hours trading. The company reported second quarter results that beat on both the top and bottom lines, with adjusted earnings per share of $1.34 handily topping estimates of $1.05. Zoom also raised its full-year earnings forecast to a range of $4.63 to $4.67, better than the estimate of $4.32. Yahoo Finance Live breaks down the report.