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Stock impact report

ZoomInfo (NASDAQ:ZI) Posts Q1 Sales In Line With Estimates But Stock Drops 15.9% [Yahoo! Finance]

ZoomInfo Technologies Inc. (ZI) 
Company Research Source: Yahoo! Finance
On the other hand, next quarter's revenue guidance of $307.5 million was less impressive, coming in 1.8% below analysts' estimates. It made a non-GAAP profit of $0.26 per share, improving from its profit of $0.24 per share in the same quarter last year. Is now the time to buy ZoomInfo? Find out in our full research report ZoomInfo (ZI) Q1 CY2024 Highlights: Revenue: $310.1 million vs analyst estimates of $308.9 million (small beat) EPS (non-GAAP): $0.26 vs analyst estimates of $0.23 (11.1% beat) Revenue Guidance for Q2 CY2024 is $307.5 million at the midpoint, below analyst estimates of $313.3 million The company dropped its revenue guidance for the full year from $1.27 billion to $1.26 billion at the midpoint, a 0.6% decrease Gross Margin (GAAP): 89.1%, in line with the same quarter last year Free Cash Flow of $103.1 million, down 18.2% from the previous quarter Market Capitalization: $6.28 billion ZoomInfo approved an additional $500 million under the share repur Show less Read more
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