NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ZoomInfo Technologies Inc. (“ZoomInfo” or “the Company”) (NASDAQ: ZI). Investors who purchased ZoomInfo securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ZI.

Investigation Details

On August 5, 2024, ZoomInfo issued a press release announcing its financial results for the second quarter of 2024. Among other items, ZoomInfo reported adjusted earnings per share of $0.17, falling short of the $0.24 analyst consensus, as well as a year-over-year revenue decline of 6% to $291.5 million, below the expected $307.68 million. In a separate press release, ZoomInfo also announced that its Chief Financial Officer Cameron Hyzer would depart from that role effective September 6, 2024. On this news, ZoomInfo’s stock price fell $1.79 per share, or 18.27%, to close at $8.01 per share on August 6, 2024.

What's Next?

If you are aware of any facts relating to this investigation or purchased ZoomInfo securities, you can assist this investigation by visiting the firm’s site: bgandg.com/ZI. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

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