I'm looking for ZI to breakout to the upside here. They have a great story and good fundamentals. I've been in this name for awhile now and when / if it breaks out with some volume over today's high, I'll be looking to make this a full position. All TBD. They reported earnings and had a slight beat and guided in line going forward. I don't expect an explosive move but I can see this moving up to the $70.00 range. Ideas, not investing / trading advice.
Here's the earnings just reported:
Zoominfo Technologies Inc Cl A (ZI) reported 4th Quarter December 2020 earnings of $0.12 per share on revenue of $139.7 million. The consensus earnings estimate was $0.10 per share on revenue of $130.6 million. The Earnings Whisper number was $0.12 per share.
The company said it expects first quarter non-GAAP earnings of $0.10 to $0.11 per share on revenue of $144.0 million to $146.0 million and 2021 earnings of $0.47 to $0.49 per share on revenue of $645.0 million to $655.0 million. The current consensus estimate is earnings of $0.10 per share on revenue of $133.75 million for the quarter ending March 31, 2021 and earnings of $0.47 per share on revenue of $599.15 million for the year ending December 31, 2021