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-0.0558103975535167 -0.0596330275229357 -0.0993883792048929 -0.100152905198777 -0.105504587155963 -0.109327217125382 -0.128440366972477 -0.136085626911315
Stock impact report

ZoomInfo shares fall as Q3 revenue declines, guidance tepid [Yahoo! Finance]

ZoomInfo Technologies Inc. (ZI) 
Company Research Source: Yahoo! Finance
At 16:15 EST (21:15 GMT), ZI shares were down 8.3%. The go-to-market platform provider posted adjusted earnings per share of $0.28, surpassing the analyst estimate of $0.22. Revenue for the quarter came in at $303.6 million, above the consensus estimate of $299.35 million but down 3% compared to the same period last year. ZoomInfo's fourth-quarter guidance was roughly in line with analyst expectations. The company forecasts Q4 EPS of $0.22-$0.23, compared to the consensus of $0.23, and revenue of $296-299 million versus the consensus of $296.9 million. "We continued our move up-market, fueled by ZoomInfo Copilot and Operations growth, and we delivered strong financial results while improving the quality of new customers that we are bringing in," said Henry Schuck, ZoomInfo founder and CEO. The company reported an adjusted operating income margin of 37% for the quarter. ZoomInfo closed the period with 1,809 customers with $100,000 or greater in annual contract value, an increa Show less Read more
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