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Benzinga
Benzinga
Business
Henry Khederian

Why ZoomInfo Shares Are Falling In Tuesday's After-Hours Session

ZoomInfo Technologies Inc (NASDAQ:ZI) shares are trading lower by 8.9% at $53.55 during Tuesday's after-hours session after the company reported fourth-quarter earnings results and issued guidance.

ZoomInfo reported quarterly earnings of 18 cents per share which beat the analyst consensus estimate of 13 cents. The company reported quarterly sales of $222.30 million which beat the analyst consensus estimate of $207.69 million by 7%. This is a 59% increase over sales of $139.70 million the same period last year.

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