ZoomInfo Technologies Inc. (ZI) revealed a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $26.8 million, or $0.08 per share. This compares with $15.1 million, or $0.04 per share, last year.
Excluding items, ZoomInfo Technologies Inc. reported adjusted earnings of $81.9 million or $0.23 per share for the period.
Analysts on average had expected the company to earn $0.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.4% to $305.7 million from $310.1 million last year.
ZoomInfo Technologies Inc. earnings at a glance (GAAP) :
-Earnings: $26.8 Mln. vs. $15.1 Mln. last year.-EPS: $0.08 vs. $0.04 last year.-Revenue: $305.7 Mln vs. $310.1 Mln last year.
-Guidance:Next quarter EPS guidance: $0.22 - $0.24Next quarter revenue guidance: $295 - $298 MlnFull year EPS guidance: $0.96 - $0.98Full year revenue guidance: $1.195 - $1.205 Bln
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