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Yahoo Finance Live anchor Julie Hyman breaks down the details around Avis Budget Group's (CAR) fourth-quarter revenue miss, Arista Networks (ANET) stock after posting a fourth-quarter beat, and ZoomInfo Technologies' (ZI) better-than-expected results. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
ZoomInfo (ZI) is noticing accelerated growth in its non-software customers as the software space faces several headwinds. ZoomInfo Founder and CEO Henry Schuck sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference to discuss the data company's growth outlook across segments "All the other industries, we see a really steady path to growth, growing north of 20 percent in those non-software companies," Schuck says. "We're continuing to just stay focused on driving customer success and customer value for our customers. Make sure that the software companies, the non-software companies, they're getting a lot of value out of our product and that we're investing in them seeing a real return on it." Schuck discusses AI's role in powering data collection as well as his leadership experiences at ZoomInfo Technologies. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.
ZoomInfo shares drop after the company cut its full-year guidance for revenue, free cash flow, and earnings. Following the results, Deutsche Bank downgraded the stock to "hold" from "buy." Yahoo Finance Live takes a look at the company's performance.