ZoomInfo Technologies Inc. (ZI) shares are rising on Tuesday morning trade after the company reported profit for the second quarter compared to loss last year.
The company reported a second-quarter net income of $9.3 million or 0.05 per share, compared to $77.9 million or $0.30 per share in the prior year.
Revenue for the quarter increased to $174 million from $110.9 million in the previous year.
Currently, shares are at $57.63, up 5.28 percent from the previous close of $54.78 on a volume of 9,205,182. The shares have traded in a range of $30.83-$63.66 on a volume of 1,726,392.
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