ZoomInfo Technologies (NASDAQ: ZI) delivered first-quarter results that exceeded expectations and raised its full-year guidance. However, shares dipped in pre-market trading today as investors reacted with caution.
The company reported adjusted earnings per share of $0.23, slightly ahead of the $0.22 consensus. Revenue came in at $305.7 million, topping forecasts of $295.56 million, though representing a 1% decline year-over-year.
ZoomInfo ended the quarter with 1,868 customers generating $100,000 or more in annual contract value, up 108 from a year ago. Net revenue retention improved sequentially to 87%, indicating stabilization in customer spending.
The company continued its shareholder return program, repurchasing 8.6 million shares during the quarter for $95 million at an average price of $11.05.
Looking ahead, ZoomInfo guided Q2 revenue between $295 million and $298 million with adjusted EPS of $0.22 to $0.24, both above Wall Street expectations. Full-year 2025 guidance was raised modestly, with projected revenue of $1.195 billion to $1.205 billion and adjusted EPS of $0.96 to $0.98, up from a prior outlook of $1.185 billion to $1.205 billion and $0.95 to $0.97, respectively.
The company also announced a ticker symbol change: its stock will begin trading under the new symbol ‘GTM’ on May 13, replacing ‘ZI’.
Following the results, Barclays maintained its “Equalweight” rating on the stock with a price target of $9.00.
As of the latest update, ZoomInfo (NASDAQ: ZI) shares are down 0.29%, trading at $10.28.
David Kirakosyan is a seasoned financial journalist with nearly a decade of hands-on experience in covering the U.S. stock markets. Since 2016, he has written thousands of equity news articles, detailed market analyses, and investment insights for trusted platforms like Benzinga, Investing.com, and StreetInsider. David holds a Master of Science in Finance and is a Level 2 CFA® candidate, reflecting his deep commitment to financial expertise and ethical standards. His reporting combines real-world market experience with a strong academic foundation, helping readers make informed decisions backed by reliable information. Read Full Bio
