ZoomInfo Surprises With Q3 Earnings Beat, But Stock Slides As Revenue Growth Lags [Yahoo! Finance]
ZoomInfo Technologies Inc. (ZI)
Company Research
Source: Yahoo! Finance
On Tuesday, the company reported revenue of $303.6 million, beating estimates of $299.4 million, and adjusted EPS of 28 cents, exceeding the consensus of 22 cents Total revenue was down 3% on a year-over-year basis in the quarter. ZoomInfo ended the quarter with 1,809 customers generating $100,000 or more in annual contract value, marking an increase of 12 customers compared to the previous quarter. Adjusted operating income was $111.7 million, down 11% year over year, with a 37% margin. ZoomInfo said it generated $18.2 million in cash flow from operations and $110.7 million in unlevered free cash flow during the quarter. The company ended the quarter with $147.7 million in cash and cash equivalents. Henry Schuck, ZoomInfo founder and CEO said, “Net revenue retention was stable for the third consecutive quarter and we again grew our $100k and million dollar customer cohorts.” In the quarter, the company repurchased shares worth $242.1 million. Outlook: ZoomInfo sees fourt
Show less
Read more
Impact Snapshot
Event Time:
ZI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZI alerts
High impacting ZoomInfo Technologies Inc. news events
Weekly update
A roundup of the hottest topics
ZI
News
- Welsh, Carson, Anderson & Stowe Expands Operating Partner Team with Three Strategic Hires [Yahoo! Finance]Yahoo! Finance
- ZoomInfo Technologies Founder Acquires 3.3% More Stock [Yahoo! Finance]Yahoo! Finance
- ZoomInfo uses Telmai to automate data quality at scale, over billions of data records and across multiple cloud sources [Yahoo! Finance]Yahoo! Finance
- ZoomInfo uses Telmai to automate data quality at scale, over billions of data records and across multiple cloud sourcesPR Newswire
- ZoomInfo Technologies Inc. (NASDAQ: ZI) is now covered by analysts at Scotiabank. They set a "sector perform" rating and a $10.30 price target on the stock.MarketBeat
ZI
Earnings
- 11/12/24 - Beat
ZI
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- ZI's page on the SEC website