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ZoomInfo: Q2 Earnings Snapshot

ZoomInfo: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2023, 05:00 PM ET
Last Updated - Jul 31, 2023, 05:00 PM EDT

VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (ZI) on Monday reported second-quarter earnings of $38.1 million.

The Vancouver, Washington-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The company posted revenue of $308.6 million in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $310.3 million.

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