ZoomInfo Technologies Inc. (NASDAQ: GTM) reported positive revenues for the 3rd quarter on Monday.
The business published quarterly revenues of 28 cents per share which beat the expert agreement price quote of 26 cents per share. The business reported quarterly sales of $318.000 million which beat the expert agreement price quote of $303.812 million.
ZoomInfo Technologies raised its FY2025 changed EPS assistance from $0.99-$ 1.01 to $1.04-$ 1.06 and likewise increased sales assistance from $1.215 billion-$ 1.225 billion to $1.237 billion-$ 1.240 billion.
” We provided strong Q3 results with record income, speeding up Upmarket momentum, and enhancing net income retention, confirming our tactical focus and the worth we provide to clients,” stated Henry Schuck, ZoomInfo Creator and CEO. “We’re constructing the future of go-to-market– linking intelligence, automation, and execution in one system for go-to-market groups and the AI representatives serving them.”
ZoomInfo shares fell 1.5% to trade at $11.62 on Tuesday.
These experts made modifications to their rate targets on ZoomInfo following revenues statement.
- Keybanc expert Jackson Ader kept ZoomInfo with an Underweight score and raised the rate target from $9 to $10.
- Barclays expert Raimo Lenschow kept the stock with an Equal-Weight score and raised the rate target from $13 to $14.
Thinking about purchasing GTM stock? Here’s what experts believe:
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