UPDATE: ZoomInfo Technologies (ZI) PT Raised to $75 at Morgan Stanley
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ZoomInfo (ZI) Tops Q1 Views, Analysts Raise PTs as Growth Accelerates
May 4, 2021 9:27 AM EDTShares of ZoomInfo Technologies (ZI) are flat in pre-open trading Tuesday after the Software as a Service company reported better-than-expected earnings for its first quarter.
The company said it made $3.2 million in profit for Q1 2021, which translates into $0.02 per share. Adjusted earnings for one-time gains and costs stood at $0.13 per share, beating analysts consensus of $0.11 per share. Revenue came in at $153.3 million in the quarter, beating the $145.3 million consensus.
"The first quarter was a strong start to the year that built on our momentum from 2020, said Henry Schuck, ZoomInfo Founder and CEO.
We are executing well... More
ZoomInfo Technologies (ZI) PT Raised to $70 at BofA Securities
May 4, 2021 6:55 AM EDTBofA Securities analyst Brad Sills raised the price target on ZoomInfo Technologies (NASDAQ: ZI) to $70.00 (from $65.00) while maintaining a Buy rating.
... More