Recap: ZoomInfo Technologies Q3 Earnings

ZoomInfo Technologies ZI reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

ZoomInfo Technologies reported in-line EPS of $0.13 versus an estimate of $0.12, which did not surprise analysts.

Revenue was up $74,200,000 from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 3.14% increase in the share price the next day.

Here's a look at ZoomInfo Technologies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.12	0.10	0.10	0.09
EPS Actual	0.14	0.13	0.12	0.11
Revenue Estimate	162.34M	145.50M	130.32M	117.37M
Revenue Actual	174.00M	153.30M	139.70M	123.40M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

ZoomInfo Technologies management provided guidance for their next quarter, expecting earnings between $0.11 and $0.12 per share for the nextquarter.

This represents a -11.54% in quarter-over-quarter growth for ZoomInfo Technologies, a bearish signal to many investors.

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