ZoomInfo Technologies Inc. reports results for the quarter ended September 30 - Earnings Summary

• ZoomInfo Technologies Inc. reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 28 cents to 31 cents per share.

• Revenue fell 2.9% to $308.80 million from a year ago; analysts expected $299.82 million.

• ZoomInfo Technologies Inc.'s reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $2.2 million.

• ZoomInfo Technologies Inc. shares had risen by 11.9% this quarter and lost 58.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 13 "hold" and 7 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for ZoomInfo Technologies Inc. is $4.00, about 6.5% below its last closing price of $4.26

This summary was machine generated from LSEG data November 4 at 11:35 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)