Zoominfo Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

• Zoominfo Technologies Inc ZI.OQ reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of twenty three analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 21 cents to 24 cents per share.

• Revenue fell 2.3% to $309.10 million from a year ago; analysts expected $297.63 million.

• Zoominfo Technologies Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $14.6 million.

• Zoominfo Technologies Inc shares had fallen by 8.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 13 "hold" and 6 "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "hold"

Wall Street's median 12-month price target for Zoominfo Technologies Inc is $11.00

This summary was machine generated from LSEG data February 25 at 10:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)