ZI - Why ZoomInfo Technologies Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of ZoomInfo Technologies Inc. (NASDAQ: ZI) rose sharply in today’s pre-market trading as the company reported stronger-than-expected fourth-quarter financial results.
ZoomInfo Technologies 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, according to data from Benzinga Pro.
The company said it sees fiscal year 2024 adjusted operating income of between $492 million and $502 million and earnings of between 99 cents and $1.01 per share.
ZoomInfo Technologies shares jumped 24.5% to $19.95 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- ARB IOT Group Limited (NASDAQ: ARBB) gained 366% to $7.13 in pre-market trading after gaining over 23% on Monday.
- Farmmi, Inc. (NASDAQ: FAMI) gained 129% to $2.86 in pre-market trading after surging around 10% on Monday.
- Chanson International Holding (NASDAQ: CHSN) shares jumped 46.4% to $2.46 in pre-market trading.
- DIH Holding US, Inc. (NASDAQ: DHAI) shares rose 31.2% to $2.10 in pre-market trading after surging around 24% on Monday.
- DDC Enterprise Limited (NYSE: DDC) shares rose 22.9% ...