- ZoomInfo ( NASDAQ: ZI ) stock gained 12.3% postmarket on Monday after the go-to-market intelligence solutions firm raised its 2022 outlook , topping estimates, in its Q2 earnings report.
- ZI expects 2022 adj. EPS of $0.78-$0.80 vs. its prior outlook of $0.75-$0.77. Consensus estimate is $0.76.
- 2022 revenue is projected to be $1.08B-$1.09B vs. prior outlook of $1.06B-$1.07B. Consensus estimate is $1.06B.
- 2022 adj. operating income is expected to be $433M-$437M vs. prior outlook of $418M-$424M.
- ZI expects Q3 adj. EPS of $0.19-$0.20 vs. consensus estimate of $0.19.
- Q3 revenue is estimated to be $277M-$279M vs. consensus estimate of $270.93M, while adj. operating income is expected to be $111M-$113M.
- ZI projects 2022 adj. unlevered free cash flow of $438M-$446M vs. prior outlook of $435M-$445M.
- The company reported Q2 adj. EPS of $0.21 and revenue of $267.1M, up 53.5% Y/Y.
- Q2 adj. operating income margin was 40%.
- ZI ended Q2 with over 30K customers and ~1.8K clients with $100K or greater in annual contract value.
- Shares of ZI have fallen ~39% YTD.
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ZoomInfo stock gains aftermarket as raised FY guidance beats estimates