ZoomInfo: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:27 PM ET
Last Updated - May 27, 2024, 01:01 AM EDT
VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (ZI) on Tuesday reported first-quarter earnings of $15.1 million.
On a per-share basis, the Vancouver, Washington-based company said it had net income of 4 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 26 cents per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The company posted revenue of $310.1 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $308.8 million.
