ZoomInfo: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 04:14 PM ET
Last Updated - Dec 16, 2024, 05:28 PM EST
VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (ZI) on Tuesday reported third-quarter net income of $23.8 million.
The Vancouver, Washington-based company said it had profit of 7 cents per share. Earnings, adjusted for stock option expense and restructuring costs, came to 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The company posted revenue of $303.6 million in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $299.5 million.
