ZoomInfo Technologies (NASDAQ:ZI) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

ZoomInfo Technologies reported in-line EPS of $0.13 versus an estimate of $0.12, which did not surprise analysts.

Revenue was up $74,200,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 3.14% increase in the share price the next day.

Here's a look at ZoomInfo Technologies's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

ZoomInfo Technologies management provided guidance for their next quarter, expecting earnings between $0.11 and $0.12 per share for the nextquarter.

This represents a -11.54% in quarter-over-quarter growth for ZoomInfo Technologies, a bearish signal to many investors.

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