5 Earnings Reports Drawing Attention

4. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Number of Hedge Fund Holders: 57

Shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) turned red on Wednesday, February 16, 2022, even after posting better-than-expected financial results for the fourth quarter. The company earned 18 cents per share on an adjusted basis, up from 12 cents per share in the year-ago period.

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Revenue for the quarter skyrocketed 59 percent on a year-over-year basis to $222.3 million. Analysts expected ZoomInfo Technologies Inc. (NASDAQ:ZI) to post earnings of 13 cents per share on revenue of $207.69 million.

Looking forward, ZoomInfo Technologies Inc. (NASDAQ:ZI) guided for adjusted earnings in the range of 14 – 15 cents per share and revenue between $226 – $228 million for the first quarter. For the full year, the company expects adjusted earnings of 71 – 73 cents per share and revenue of $1.01 – $1.02 billion.