ZoomInfo Technologies Inc - ZI STOCK NEWS

ZoomInfo (NASDAQ: ZI) has announced its executives' participation in multiple upcoming investor conferences in late 2024. The scheduled events include the RBC Global TIMT Conference (Nov 20), UBS Global Technology and AI Conference (Dec 3), Wells Fargo Annual TMT Summit (Dec 4), Scotiabank Global Technology Conference (Dec 10), and Barclays Global Technology Conference (Dec 11). For conferences featuring presentations, webcasts will be available live and archived for a time on ZoomInfo's investor relations website.

ZoomInfo (NASDAQ: ZI) announced its Q3 2024 financial results, showcasing a GAAP revenue of $303.6 million, a decrease of 3% YoY. The company reported a GAAP operating income of $43.5 million and an adjusted operating income of $111.7 million. GAAP and adjusted operating income margins were 14% and 37%, respectively. Cash flow from operations was $18.2 million, while unlevered free cash flow reached $110.7 million, a 17% increase. ZoomInfo also repurchased 24.5 million shares, approximately 7% of total shares, at an average price of $9.89. The company provided Q4 2024 guidance with GAAP revenue expected between $296-$299 million and adjusted net income per share between $0.22-$0.23.

Recent developments include enhancements to ZoomInfo Copilot, expanded partnerships, and recognition as a Leader in the 2024 Gartner Magic Quadrant for Account-Based Marketing Platforms. The company achieved a perfect 100% user satisfaction rating in multiple categories on G2.

Reltio has announced integration with ZoomInfo through Reltio Enrichment, combining Reltio Data Cloud™ with ZoomInfo's B2B database to enhance sales and marketing effectiveness. The integration provides real-time customer data enrichment with 200+ unique company attributes and contact information. Key features include customer data governance, enriched profiles, hierarchies and relationships, up-to-date contact data, and AI-driven innovation. Reltio reported closing deals 31 days faster on average after implementing this integration in their own operations.

ZoomInfo (ZI) has been named a Leader in Snowflake's 2025 Modern Marketing Data Stack report in the Enrichment and Hygiene category. The recognition comes from analysis of over 9,800 Snowflake customers' usage patterns as of April 2024. Since 2021, joint customers have utilized ZoomInfo's business contact data to enhance their first-party data within Snowflake's AI Data Cloud.

The report identifies 10 technology categories important for marketing data stacks and highlights three core factors: AI, data gravity, and privacy. ZoomInfo's Data-as-a-Service (DaaS) product helps create a reliable data foundation enabling marketers to deploy AI solutions at scale and reach potential customers earlier in their buying cycle.

ZoomInfo Sales, ZoomInfo Marketing, and Chorus have earned 2025 Buyer's Choice Awards from TrustRadius, based on over 2,000 combined customer reviews. The awards recognize products where 75% of reviewers rate them as best in capabilities, value for price, and customer relationship.

Users praise ZoomInfo's platforms for various capabilities: Sales platform for prospect identification and campaign targeting, Marketing platform for personalized digital advertising, and Chorus for sales team coaching. The solutions integrate AI features like Copilot for automated emails and workflow building, while offering account fit analysis and targeted advertising capabilities.

ZoomInfo (NASDAQ: ZI) has renewed its TRUSTe Enterprise Privacy Certification and California Consumer Privacy Act (CCPA) Validation, reinforcing its commitment to B2B data privacy and compliance. The company has achieved the Enterprise Privacy Certification annually since 2020 and recently added CCPA Validation. These certifications, provided by TRUSTe (a TrustArc subsidiary), involve comprehensive evaluations of ZoomInfo's privacy policies, practices, and governance initiatives.

The validations align with TRUSTe's 29 Enterprise Privacy Standards and 36 CCPA Readiness Controls. ZoomInfo has also recently obtained the TrustArc Responsible AI Certification, becoming only the third company to do so. These achievements demonstrate ZoomInfo's dedication to maintaining high privacy standards and building customer trust.

ZoomInfo (NASDAQ: ZI), the go-to-market platform for customer acquisition and growth, has announced it will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after U.S. financial markets close. The company will host a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results.

Interested parties can access the webcast through ZoomInfo's Investor Relations website. To participate in the live conference call via telephone, registration is required, after which participants will receive a dial-in number and unique PIN. An archived version of the webcast will be available for one year on the company's Investor Relations website following the call.

ZoomInfo Copilot, a groundbreaking AI solution for go-to-market teams, has been named a finalist in the 'AI Implementation of the Year' category of The 2024 A.I. Awards. This inaugural program, launched by The Cloud Awards, recognizes excellence in cloud artificial intelligence technologies and machine learning.

Since its launch in May 2024, ZoomInfo Copilot has significantly transformed the go-to-market process. Users report an average 60% productivity boost, 58% increase in engagement, and nearly 25% more pipeline secured. The platform was selected as one of seven finalists from entries received from organizations worldwide.

The winners of The A.I. Awards will be announced on October 8, 2024. This recognition underscores ZoomInfo's commitment to innovation and its impact on the sales industry.

ZoomInfo has expanded its real-time signal library in ZoomInfo Copilot to provide more accurate and timely sales insights. The AI-driven platform now includes personalization signals like funding rounds, IPOs, M&A activities, and partnerships, as well as awareness signals such as earnings call summaries and hiring plans. These signals help businesses identify intent faster and close deals before competitors.

Early users report a 58% increase in engagement, 62% increase in email response rates, and nearly 25% more pipeline secured. The expanded signal library enables sales teams to optimize their outreach with context-rich insights, including C-suite changes, buying group updates, and podcast mentions. ZoomInfo Copilot uses AI to predict pipeline and provide recommendations on who to contact, when to engage, and what to say.