05:22 PM EST, 11/12/2024 (MT Newswires) -- ZoomInfo Technologies ( ZI ) reported Q3 adjusted earnings Tuesday of $0.28 per diluted share, up from $0.26 a year earlier.

Analysts polled by Capital IQ expected $0.22.

Revenue in the three months ended Sept. 30 fell to $303.6 million from $313.8 million a year earlier.

Analysts surveyed by Capital IQ expected $299.3 million.

The company expects Q4 adjusted EPS of $0.22 to $0.23 on revenue of $296 million to $299 million.

Analysts polled by Capital IQ expect EPS of $0.23 on revenue of $296.9 million.

The company expects 2024 adjusted EPS of $0.92 to $0.93 on revenue of $1.201 billion to $1.204 billion. The previous guidance was adjusted EPS of $0.86 to $0.88 on revenue of $1.19 billion o $1.205 billion.

Analysts surveyed by Capital IQ expect EPS of $0.88 on revenue of $1.2 billion.

The company's shares slumped 11% in recent after-hours trading.

Price: 11.60, Change: -1.48, Percent Change: -11.31