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ZoomInfo: Q3 Earnings Snapshot
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VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (GTM) on Wednesday reported third-quarter net income of $2.2 million.

The Vancouver, Washington-based company said it had profit of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 29 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 29 cents per share.

The company posted revenue of $308.8 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $299.4 million.

For the current quarter ending in December, ZoomInfo expects its per-share earnings to range from 29 cents to 30 cents.

The company said it expects revenue in the range of $294 million to $297 million for the fiscal fourth quarter.

ZoomInfo expects full-year earnings in the range of $1.13 to $1.14 per share, with revenue ranging from $1.22 billion to $1.23 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTM at https://www.zacks.com/ap/GTM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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