BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ: ZI) investors concerning the Company’s possible violations of federal securities laws.
On August 5, 2024, ZoomInfo released its second quarter 2024 financial results, missing revenue and earnings expectations, and lowering its full-year guidance for revenue, adjusted operating income, and free cash flow. Additionally, the Company announced that its CFO and principal finance officer would be departing.
On this news, ZoomInfo’s stock price fell $1.79, or 10.3%, to close at $8.01 per share on August 6, 2024, thereby injuring investors.
If you purchased ZoomInfo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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