Recap: ZoomInfo Technologies Q4 Earnings
Portfolio Pulse from Benzinga Insights
ZoomInfo Technologies (NASDAQ:ZI) reported Q4 earnings with an EPS of $0.26, beating estimates by 4.0% and showing a revenue increase of $14.70 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped 16.44% the following day. The company has consistently surpassed EPS estimates over the past four quarters.
February 12, 2024 | 9:10 pm
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ZoomInfo Technologies reported higher than expected Q4 earnings and a significant year-over-year revenue increase.
ZoomInfo Technologies' positive earnings report, surpassing EPS estimates and showing revenue growth, typically would lead to a positive short-term impact on its stock price. However, considering the stock dropped after last quarter's earnings beat, investor reaction might be cautious. The importance is high due to the direct impact on investor perception and potential future performance.
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IMPORTANCE 90
RELEVANCE 100