5 Key Quarterly Reports to Watch

3. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Number of Hedge Fund Holders: 55

ZoomInfo Technologies Inc. (NASDAQ:ZI) recently came into the spotlight after announcing better-than-expected financial results for the first quarter. The Vancouver-based tech company reported adjusted earnings of 18 cents per share, compared to 13 cents per share in the year-ago period.

In addition, ZoomInfo Technologies Inc. (NASDAQ:ZI) posted revenue of $241.7 million, up 48 percent over the same period of 2021. The results exceeded the consensus of 15 cents per share for earnings and $227.53 million for revenue.

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Looking forward, ZoomInfo Technologies Inc. (NASDAQ:ZI) guided for revenue in the range of $253 – $255 million for the second quarter and between $1.06 – $1.07 billion for the full year.

Praising the results, CEO Henry Schuck said:

“ZoomInfo delivered a great start to the year as reflected in our first quarter results, which include another quarter of strong revenue growth and free cash flow. Customers are embracing the ZoomInfo RevOS platform, with more companies using the data, insights, automation and workflows to grow their business and efficiently go-to-market.”