ZoomInfo: Q1 Earnings Snapshot
VANCOUVER, Wash. (AP) _ ZoomInfo Technologies Inc. (ZI) on Monday reported first-quarter earnings of $6.2 million.
The Vancouver, Washington-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The company posted revenue of $241.7 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $227.5 million.
For the current quarter ending in July, ZoomInfo expects its per-share earnings to range from 17 cents to 18 cents.
The company said it expects revenue in the range of $253 million to $255 million for the fiscal second quarter.
ZoomInfo expects full-year earnings in the range of 75 cents to 77 cents per share, with revenue ranging from $1.06 billion to $1.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZI at https://www.zacks.com/ap/ZI