Zoom Jumps After Results Offer Bright Sign for New Products

Zoom Communications Inc. shares jumped the most in three months after the software maker reported quarterly revenue gains that signaled more customers are using its expanded suite of business tools.

Fiscal third-quarter sales increased 4.4% to $1.23 billion, Zoom said Monday in a statement. Profit, excluding some items, was $1.52 a share. Analysts, on average, estimated earnings of $1.44 a share on revenue of $1.21 billion, according to data compiled by Bloomberg.