ZoomInfo Technologies Shares Decline 15% on 3Q Revenue Decline

Dow Jones

2024-11-13

By Denny Jacob

ZoomInfo Technologies shares declined 15% in premarket trading after revenue declined from a year earlier.

Shares were trading around $11.16. The stock is down 29% on the year.

The Vancouver, Wash.-based company, which provides contact and business information for clients, recorded revenue of $303.6 million in the third quarter compared to $313.8 million a year earlier. The results came in better than Wall Street predicted, however, with estimates of $299.4 million in revenue coming into the quarter.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

November 13, 2024 07:10 ET (12:10 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The results came in better than Wall Street predicted, however, with estimates of $299.4 million in revenue coming into the quarter. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 07:10 ET (12:10 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZI","symbol_name":"ZoomInfo Technologies Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483006266","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483006266","pubTimestamp":1731499800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"ZoomInfo Technologies shares declined 15% in premarket trading after revenue declined from a year earlier.Shares were trading around $11.16. 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The stock is down 29% on the year. \n\n\n  The Vancouver, Wash.-based company, which provides contact and business information for clients, recorded revenue of $303.6 million in the third quarter compared to $313.8 million a year earlier. The results came in better than Wall Street predicted, however, with estimates of $299.4 million in revenue coming into the quarter. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 13, 2024 07:10 ET (12:10 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}