So former Saul board darling ZoomInfo (ZI) reported.
A whopping 3% y/y growth and they are touting it as a “beat” which just shows how pointless this beat/miss game is.
They also reduced their guidance, I believe, by just a sliver, which of course led to an AH beatdown of 15% at moment, putting them in striking distance of their ATL.
What do they do?
Well - this is where companies go to get contact info and sales leads, to drive revenue growth for their own businesses.
So…if a company that supplies business/sales leads is flat, then what does that say about all the businesses that buy from them? Hmmm…
Dreamer