Category: ZoomInfo
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ZoomInfo stock falls 16% on weak guidance, CFO transition; Analysts downgrade By Investing.com
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ZoomInfo shares fell 10% in after-hours trading Tuesday after the company reported second-quarter earnings that missed analysts’ expectations and gave weaker-than-expected guidance. The product launch services company also announced a leadership change in its finance department. ZoomInfo reported adjusted earnings per share of $0.17 for the second quarter, missing analysts’…
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ZoomInfo Q1 2024 results show stable growth amid SMB challenges By Investing.com
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ZoomInfo Technologies Inc. (ZI) has announced its financial results for the first quarter of 2024, revealing a revenue of $310 million—a 3% year-over-year increase. The company’s adjusted operating income reached $119 million, maintaining a solid margin of 39%. Despite facing difficulties in the small and medium-sized business (SMB) sector, ZoomInfo…