ZoomInfo Announces Second Quarter 2024 Financial Results

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ZoomInfo Technologies (ZI) PT Lowered to $7 at RBC Capital

August 6, 2024 6:44 AM EDT

RBC Capital analyst Rishi Jaluria lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $7.00 (from $9.00) while maintaining a Underperform rating.

The analyst comments "ZoomInfo reported a disappointing quarter and lowered guidance, leading shares down 12% AMC. Headwinds were mostly attributable to elevated... More

ZoomInfo Technologies Inc. (ZI) Misses Q2 EPS by 7c, Guidance Misses

August 5, 2024 4:10 PM EDT

ZoomInfo Technologies Inc. (NASDAQ: ZI) reported Q2 EPS of $0.17, $0.07 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $291.5 million versus the consensus estimate of $307.68 million.

GUIDANCE:

ZoomInfo Technologies Inc. sees Q3 2024 EPS of $0.21-$0.22, versus the consensus... More