By Josh Beckerman
Shares of ZoomInfo rose 19% to $11.34 after hours as it announced a buyback program of up to $500 million and said operational improvements helped fourth-quarter results, with strength continuing into 2025.
Business-intelligence provider ZoomInfo, which has a database profiling over 100 million companies, on Tuesday posted adjusted earnings 26 cents a share, the same as the prior-year quarter. Revenue was down 2% to $309.1 million.
For fiscal 2025, the company projects adjusted earnings of 95 cents to 97 cents a share on revenue of $1.185 billion to $1.205 billion.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 25, 2025 18:51 ET (23:51 GMT)
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