ZoomInfo Technologies (NASDAQ:ZI – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.000-1.020 for the period, compared to the consensus EPS estimate of 1.000. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. ZoomInfo Technologies also updated its Q2 2024 guidance to 0.230-0.240 EPS.
ZoomInfo Technologies Stock Performance
ZI stock opened at $16.02 on Wednesday. The firm has a 50-day simple moving average of $16.04 and a two-hundred day simple moving average of $15.90. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.35 and a current ratio of 1.35. ZoomInfo Technologies has a one year low of $12.36 and a one year high of $30.16. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 59.34, a PEG ratio of 4.28 and a beta of 1.13.
ZoomInfo Technologies (NASDAQ:ZI – Get Free Report) last announced its earnings results on Monday, February 12th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. ZoomInfo Technologies had a return on equity of 11.25% and a net margin of 8.66%. The firm had revenue of $316.40 million for the quarter, compared to the consensus estimate of $310.62 million. During the same period in the previous year, the business earned $0.13 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities analysts forecast that ZoomInfo Technologies will post 0.64 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on ZoomInfo Technologies
About ZoomInfo Technologies
ZoomInfo Technologies Inc, together with its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.
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