ZoomInfo Technologies (NASDAQ:ZI) released its quarterly earnings results on Sunday. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02, MarketWatch Earnings reports. The company had revenue of $139.70 million for the quarter, compared to analyst estimates of $130.44 million. ZoomInfo Technologies’s revenue was up 53.3% on a year-over-year basis.
Shares of NASDAQ ZI traded up $2.11 during trading on Tuesday, reaching $53.43. The stock had a trading volume of 12,742,819 shares, compared to its average volume of 2,487,210. ZoomInfo Technologies has a one year low of $30.83 and a one year high of $64.40. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.57 and a quick ratio of 1.57. The firm’s 50 day moving average price is $50.28 and its two-hundred day moving average price is $43.24.
In related news, major shareholder 22C Capital Gp I, L.L.C sold 1,210,277 shares of the company’s stock in a transaction on Friday, December 4th. The stock was sold at an average price of $43.88, for a total transaction of $53,106,954.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Todd Crockett sold 1,734,233 shares of the company’s stock in a transaction on Wednesday, February 3rd. The stock was sold at an average price of $54.03, for a total value of $93,700,608.99. The disclosure for this sale can be found here. Insiders sold a total of 5,249,591 shares of company stock valued at $258,463,216 over the last quarter.
About ZoomInfo Technologies
ZoomInfo Technologies Inc operates cloud-based go-to-market intelligence platform for sales and marketing teams worldwide. The company's platform provides information and insights on the target organizations and professionals. Its customers operate in various industry verticals, including software, business services, manufacturing, telecommunications, financial services and insurance, retail, media and internet, transportation, education, hospitality, healthcare, and real estate, as well as enterprises, mid-market companies, and small and medium-sized business.
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