ZoomInfo Technologies Q2 2024 Adj EPS $0.17 Misses $0.23 Estimate, Sales $291.50M Miss $307.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
ZoomInfo Technologies (NASDAQ:ZI) reported Q2 2024 adjusted EPS of $0.17, missing the analyst estimate of $0.23 by 26.09%. The company also reported sales of $291.50 million, missing the estimate of $307.73 million by 5.27%. This represents a 5.54% decrease from the same period last year.
August 05, 2024 | 8:07 pm
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ZoomInfo Technologies reported Q2 2024 earnings that missed both EPS and sales estimates. EPS was $0.17, missing the $0.23 estimate by 26.09%, and sales were $291.50 million, missing the $307.73 million estimate by 5.27%. Sales also decreased by 5.54% year-over-year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact ZoomInfo Technologies' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100