ZI - Why ZoomInfo Stock Is Zooming After Earnings | Benzinga
ZoomInfo Technologies, Inc. (NASDAQ:ZI) shares are trading higher Tuesday after the company posted better-than-expected fourth-quarter financial results after the bell on Monday.
The Details:
ZoomInfo reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 25 cents by 4% and is unchanged from the same period last year.
The company reported quarterly sales of $316.4 million, beating the analyst consensus estimate of $310.64 million by 1.85% and representing a 4.87% increase over sales of $301.7 million year-over-year.
ZoomInfo also issued first-quarter guidance for revenue of between $307 million and $310 million, versus the $308.73 million estimate, and earnings per share between 23 cents and 24 cents. The company sees fiscal year 2024 revenue of between $1.26 billion and $1.28 billion, versus the $1.27 billion estimate, ...