ZoomInfo Surprises With Q3 Earnings Beat, But Stock Slides As Revenue Growth Lags
ZoomInfo Technologies Inc. (NASDAQ:ZI) shares traded lower premarket on Wednesday after the company reported third-quarter results. On Tuesday, the company reported revenue of $303.6 million, beating estimates of $299.4 million, and adjusted EPS of 28 cents, exceeding the consensus of 22 cents. Total revenue was down 3% on a year-over-year basis in the quarter. ZoomInfo ended the quarter with 1,809 customers generating $100,000 or more in annual contract value, marking an increase of 12 customer