ZoomInfo Technologies Inc reports results for the quarter ended in June - Earnings Summary

ZoomInfo Technologies

31/07/2023 23:05

* ZoomInfo Technologies Inc  ZI.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in June.
The mean expectation of twenty analysts for the quarter was
for earnings of 23 cents per share.
    * Revenue rose 15.5% to $308.60 million from a year ago;
analysts
expected $310.93 million. 
    * ZoomInfo Technologies Inc's reported EPS for the quarter
was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ZoomInfo Technologies Inc shares had risen by 1.5% this
quarter and lost 14.4% so far this year.
    * The company reported quarterly net income of $38.1
million.
    * Wall Street's median 12-month price target for ZoomInfo
Technologies Inc is $31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.23           0.26           Beat
 Mar. 31 2023      0.22           0.24           Beat
 Dec. 31 2022      0.22           0.26           Beat
 Sep. 30 2022      0.20           0.24           Beat