Business enterprise info solutions service provider ZoomInfo posted superior-than-anticipated 3rd-quarter final results, but the company’s shares are nonetheless trading sharply decreased in late trading Tuesday, evidently on trader disappointment with billings in the quarter.
ZoomInfo
(ticker:
ZI
) supplies databases made use of by profits and advertising groups to help determine new buyers. Buyers surface concerned that softer-than-envisioned billings hints at slowing growth in the facial area of a weakening macroeconomic environment.
Business enterprise info solutions service provider ZoomInfo posted superior-than-anticipated 3rd-quarter final results, but the company’s shares are nonetheless trading sharply decreased in late trading Tuesday, evidently on trader disappointment with billings in the quarter.
ZoomInfo
(ticker:
ZI
) supplies databases made use of by profits and advertising groups to help determine new buyers. Buyers surface concerned that softer-than-envisioned billings hints at slowing growth in the facial area of a weakening macroeconomic environment.