Benzinga
Published Feb 13, 2024 13:36
Updated Feb 13, 2024 14:40
Why ZoomInfo Technologies Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket
Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of ZoomInfo Technologies Inc. (NASDAQ: ZI) rose sharply in today’s pre-market trading as the company reported stronger-than-expected fourth-quarter financial results.
ZoomInfo Technologies reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 25 cents by 4% and is unchanged from the same period last year. The company reported quarterly sales of $316.4 million, beating the analyst consensus estimate of $310.64 million, according to data from Benzinga Pro.
The company said it sees fiscal year 2024 adjusted operating income of between $492 million and $502 million and earnings of between 99 cents and $1.01 per share.
ZoomInfo Technologies shares jumped 24.5% to $19.95 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
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