Why Did ZoomInfo Technologies Shares Plunge 30% Today?
<p><a href='https://financialmodelingprep.com/financial-summary/ZI'>ZoomInfo Technologies Inc. (NASDAQ:ZI)</a> shares closed nearly 30% lower following the company’s reported Q3 results. While both EPS of $0.24 and revenue of $287.6 million came in better than the Street estimates of $0.20 and $278.52 million, respectively, a smaller magnitude beat & raise vs. prior quarters was disappointing. </p>
<p>For Q4/22, the company expects EPS in the range of $0.21-$0.22, compared to the Street estimate of $0.21, and revenue in the range of $298-300 million, compared to the Street estimate of $297.71 million.</p>
<p>For the full 2022-year, the company anticipates EPS of $0.83-$0.84, compared to the Street estimate of $0.80, and revenue of $1.094-1.096 billion, compared to the Street estimate of $1.09 billion.</p>

NASDAQ:ZI