FMP
May 02, 2023(Last modified: Dec 19, 2023)
ZoomInfo Technologies Inc. (NASDAQ:ZI) reported its Q1 earnings results yesterday, with EPS of $0.24 coming in better than the Street estimate of $0.22. Revenue was $300.7 million, in line with the Street estimate of $300.13 million.
Management maintained its guidance, supported by slightly better new business trends and signs of improvement in April. For Q2/23, the company expects EPS to be in the range of $0.22-$0.23, compared to the Street estimate of $0.23, and revenue of $310-312 million, compared to the Street estimate of $311.3 million.
For the full year, the company anticipates EPS in the range of $0.99-$1.01, compared to the Street estimate of $0.98, and revenue of $1.275-1.285 billion, compared to the Street estimate of $1.28 billion.
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