ZoomInfo Technologies

ZoomInfo Technologies, Inc. is a holding company, which engages in the provision of a cloud-based platform that offers information on organizations and professionals for sales and marketing teams. It offers sales leadership, sales development, marketing, and demand generation, sales and marketing operations, and recruiting. The company was founded by Henry L. Schuck and Kirk N. Brown in 2007 and is headquartered in Vancouver, WA.

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Earnings data Q1 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ZoomInfo exceeds revenue expectations, faces economic challenges in 2022

ZoomInfo Technologies delivered strong financial performance in Q4 2022, exceeding revenue growth guidance. The company faces challenges from the economic environment impacting sales cycles but is focused on driving growth and efficiency.

ZoomInfo excels in Q1 2023, eyes AI growth opportunities

ZoomInfo's Q1 2023 performance showcased strong revenue growth, profitability, and cash flow, with notable customer acquisitions and strategic partnerships.
Challenges include renewal cycle pressures and customer adjustments during renewals, while opportunities lie in AI capabilities, product-led growth, and integrations.
The company's focus on data leadership, advanced functionality, and efficient sales capacity management positions it for continued growth and value creation.
Investments in enhancing customer experiences and expanding product offerings highlight ZoomInfo's commitment to driving future success.

ZoomInfo reports solid Q2 earnings amidst software renewal challenges

ZoomInfo's Q2 performance reflects resilience with solid revenue and strategic initiatives to drive growth.
Challenges in software renewals require focused efforts on customer retention and strategic partnerships.
Opportunities lie in data integration partnerships, pricing strategy adjustments, and customer retention strategies.
Guidance for Q3 signals a commitment to maintaining strong financial performance amidst market challenges.

ZoomInfo surpasses Q3 expectations, eyes AI and international growth

ZoomInfo's Q3 performance exceeded expectations with strong revenue and margin.
Challenges in upsells and churn levels persist, impacting revenue growth outlook.
Focus on AI, customer success, and international expansion to drive future growth.
Leadership changes aim to enhance customer engagement and flatten the organization.

ZoomInfo surpasses revenue targets, eyes AI expansion for growth

ZoomInfo Technologies demonstrated strong financial performance in Q4 and full-year 2023, driven by revenue exceeding guidance and growth in adjusted operating income.
While facing challenges in net revenue retention and downsells, the company showcased strengths in introducing innovative AI tools and observing growth in key industry segments.
Opportunities lie in expanding customer base, leveraging AI in non-tech sectors, and optimizing operations for enhanced efficiency and value delivery.

ZoomInfo excels in Q1 2024, navigates challenges with strategic focus

ZoomInfo's Q1 2024 showcased strong financials, positive customer retention, and strategic growth initiatives.
Challenges in small business segment require adjustments, while opportunities lie in product monetization and growth acceleration.
The company's focus on profitable growth and customer engagement positions it well for future success.
Overall, ZoomInfo's performance reflects resilience and adaptability in a competitive market landscape.

ZoomInfo reports resilient Q2 performance amidst SMB write-off challenges

ZoomInfo Technologies delivered a solid performance in Q2 2024 despite a $33 million charge, showcasing growth in revenue, customer cohorts, and stable net retention rates.
Operational changes and notable customer wins demonstrate the company's strengths in risk management, client acquisition, and shareholder value enhancement.
While facing challenges related to write-offs and revenue factors, ZoomInfo has opportunities to optimize operations, drive innovation, and capitalize on market trends for sustained growth.

ZoomInfo reports robust Q3 earnings, eyes enterprise growth opportunities

ZoomInfo's Q3 2024 earnings call highlighted solid financial performance, customer acquisitions, and product innovation, positioning the company for continued growth. With a focus on enterprise growth and long-term value creation, ZoomInfo remains poised for success in the data and analytics market.
Despite facing challenges in a competitive landscape, ZoomInfo's strengths in customer retention, financial stability, and market credibility provide a strong foundation for navigating industry dynamics and seizing growth opportunities.

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Shares of ZoomInfo declined double-digits after reporting dismal Q2 results. For the first time, ZoomInfo is reporting a y/y decline in revenue, forcing the company to cut its full-year FY24 outlook for the second time. The company attributes declining revenue to customer write-offs, driven by its heavy exposure to smaller customers that are failing to pay their bills.

ZoomInfo Has Started Shrinking, Steer Clear (Rating Downgrade)

Chegg

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.

ZoomInfo Reports Weak Results, Joins Chegg And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

ZoomInfo Technologies Inc. (NASDAQ:ZI ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Jerry Sisitsky - IR Henry Schuck - Founder and CEO Cameron Hyzer - CFO Conference Call Participants Elizabeth Porter - Morgan Stanley Mark Murphy - JPMorgan Brad Zelnick - Deutsche Bank Raimo Lenschow - Barclays Parker Lane - Stifel Alex Zukin - Wolfe Research Brent Bracelin - Piper Sandler Koji Ikeda - Bank of America DJ Hynes - Canaccord Genuity Taylor McGinnis - UBS Jackson Ader - KeyBanc Capital Markets Michael Berg - Wells Fargo Surinder Thind - Jefferies Brian Peterson - Raymond James Siti Panigrahi - Mizuho Securities Joshua Reilly - Needham & Company Austin Cole - JMP Securities Operator Good day, and thank you for standing by. Welcome to the ZoomInfo Second Quarter 2024 Financial Results Conference Call.

ZoomInfo Technologies Inc. (ZI) Q2 2024 Earnings Call Transcript

ZoomInfo (ZI) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.26 per share a year ago.

ZoomInfo (ZI) Q2 Earnings and Revenues Lag Estimates

ZoomInfo Technologies Inc. on Monday cut its full-year forecast and announced changes to its board and its chief financial officer roles.

ZoomInfo stock falls after forecast cut, and changes to CFO and board

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced the appointment of Domenic Maida and Owen Wurzbacher to its Board of Directors, effective August 6, 2024. Mr. Maida will serve on the Board's Privacy, Security, and Technology Committee and Mr. Wurzbacher will serve on the Board's Nominating and Corporate Governance and Compensation Committees. These appointments follow the resignation of Todd Crockett, which.

ZoomInfo Announces Board of Directors Appointments

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced its financial results for the second quarter ended June 30, 2024. “In the second quarter, we implemented a number of initiatives to position the company for long-term success,” said Henry Schuck, ZoomInfo founder and CEO. “Having successfully launched ZoomInfo Copilot, our AI-powered go-to-market platform, we are further accelerating a shift upmarket. To that.

ZoomInfo Announces Second Quarter 2024 Financial Results

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced that Graham O'Brien, the company's Vice President of FP&A, has been appointed by ZoomInfo's Board of Directors as the company's interim Chief Financial Officer beginning September 6, 2024. At that time, the company's Board of Directors and Cameron Hyzer, Chief Financial Officer, have agreed that Mr. Hyzer will transition to serve in an advisory capacity u.

ZoomInfo Announces CFO Transition

Until a year ago, Arjun Pillai had the comfortable yet important role of chief data officer at ZoomInfo, a B2B database company. But the serial entrepreneur was getting antsy.

ZoomInfo alum raises $15M for startup that builds AI sales engineers

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: ZI), the go-to-market platform to find, acquire, and grow customers, today announced that it will publish financial results for the second quarter 2024 following the close of U.S. financial markets on Monday, August 5, 2024. The news release and any accompanying materials will be posted to the Investor Relations portion of ZoomInfo's website at https://ir.zoominfo.com/. On that day, ZoomInfo management will host a conference call and webcast.

ZoomInfo to Report Financial Results for Second Quarter 2024 on August 5, 2024

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo claimed the top spot on 30 Grids in G2's Summer 2024 Grid Reports evaluating customer satisfaction & market presence across 1,000 categories.

ZoomInfo Named Top Solution in 30 Grids in G2's Summer 2024 Reports

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: ZI), the go-to-market platform to find, acquire, and grow customers, is the first data company and third company ever to earn the TRUSTe Responsible AI Certification from TrustArc, a leader in data privacy management and governance solutions. The TRUSTe Responsible AI Certification is the first AI certification focused explicitly on data protection and privacy. Incorporating principles of the EU AI Act, NIST AI Risk Management Framework, ISO:.

ZoomInfo Achieves First-of-Its-Kind Responsible AI Certification from TrustArc

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VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo today released ZoomInfo Copilot, an AI-powered solution that turns every seller into your best seller.

ZoomInfo Releases AI-Powered ZoomInfo Copilot to Make Every Seller Your Best Seller

ZoomInfo's stock price has dropped significantly after the Q1 2024 earnings report, but the company maintains a healthy free cash flow. In the next 5 years, the stock price is predicted to appreciate by 24-37% annually, reaching a total increase of 198-382% by 2028. The company's strong free cash flow and capital allocation strategy are key factors that make it an attractive investment opportunity.

ZoomInfo Poised To Become A Contrarian Play

Woe betide any publicly traded entity that misses on guidance. The specialty-tech company's second-quarter projections were lower than those of analysts.

Why ZoomInfo Technologies Stock Plunged by 21% This Week

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo was recognized with TrustRadius Top Rated Awards for customer satisfaction in all six categories for which it was eligible.

ZoomInfo Sweeps All Six Eligible Categories in TrustRadius' Top Rated Awards for Customer Satisfaction

The provider of databases of customer contact information topped quarterly estimates for earnings and sales.

ZoomInfo Technologies Stock Is Spiraling. Earnings Weren't the Problem.

ZoomInfo (ZI) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago.

ZoomInfo (ZI) Q1 Earnings and Revenues Surpass Estimates

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced its financial results for the first quarter ended March 31, 2024. “We delivered another quarter of revenue growth, with better-than-expected profitability, and stabilizing net revenue retention,” said Henry Schuck, ZoomInfo Founder and CEO. “Our team is innovating on the future of how companies will go-to-market with ZoomInfo Copilot, and we look forward to b.

ZoomInfo Announces First Quarter 2024 Financial Results

ZoomInfo (ZI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

ZoomInfo (ZI) Upgraded to Buy: Here's Why

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: ZI), the go-to-market platform to find, acquire, and grow customers, today announced that it will publish financial results for the first quarter 2024 following the close of U.S. financial markets on Tuesday, May 7, 2024. The news release and any accompanying materials will be posted to the Investor Relations portion of ZoomInfo's website at https://ir.zoominfo.com/. On that day, ZoomInfo management will host a conference call and webcast at.

ZoomInfo to Report Financial Results for First Quarter 2024 on May 7, 2024

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo was named the top Enterprise solution in 10 categories in G2's Spring 2024 Grid Reports for customer satisfaction and market presence.

ZoomInfo Named Top Enterprise Solution in 10 Categories in G2's Spring 2024 Reports

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo received Google Cloud's 2024 Partner of the Year Award for Technology: Data - Provider and Technology: Marketplace - Business Applications.

ZoomInfo Wins Two Google Cloud Technology Partner of the Year Awards

This long-awaited partnership allows sales teams to match accounts researching their product(s) on TrustRadius with decision maker contact information in the ZoomInfo Sales platform. Hello relevant targeting and deal acceleration.

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