ZoomInfo Technologies reports Q3 beat, provides guidance

ZoomInfo Technologies (ZI) reported its Q3 results, with EPS of $0.26 coming in better than the consensus estimate of $0.25. Revenue grew 9% year-over-year to $313.8 million, beating the consensus estimate of $310.46M.

“In a more challenging operating environment, our team is executing well and delivered Q3 financial results that exceeded guidance. We continue to grow profitably and return capital to shareholders while investing in customer success, driving industry-leading data quality, and delivering more AI functionality to customers,” said CEO Henry Schuck.

For Q4/23, the company expects EPS in the range of $0.24-$0.25, compared to the consensus of $0.25, and revenue in the range of $309-$312M, compared to the consensus of $310.86M.

For the full year, the company sees EPS at $0.99-$1.00, compared to the consensus of $0.99, and revenues at $1.232-$1.235 billion, compared to the consensus of $1.23B.