Welcome to our dedicated page for ZoomInfo Technologies news (Ticker: ZI), a resource for investors and traders seeking the latest updates and insights on ZoomInfo Technologies stock.
ZoomInfo Technologies Inc (symbol: ZI) is a leading provider of a growth acceleration platform that offers unparalleled business-to-business (B2B) contact and company intelligence. The platform is designed to help organizations achieve profitable growth by delivering the most accurate and actionable data.
The company's core product is a cloud-based go-to-market data and insights platform. This platform is continually updated to ensure sales and marketing teams have access to the latest information. It provides comprehensive intelligence and analytics, including direct dial phone numbers, email addresses, and detailed background information.
ZoomInfo's platform is crucial for executing effective marketing campaigns and improving sales prospecting efforts. By offering high-quality, actionable insights, it enables sales and marketing professionals to make informed decisions and achieve better outcomes. The company's primary revenue stream is derived from the United States.
Recent achievements and current projects highlight ZoomInfo's commitment to innovation and excellence. The company continues to enhance its database with new features and capabilities, ensuring clients have the most effective tools at their disposal. Partnerships with leading technology providers further bolster its offerings, making ZoomInfo a go-to solution for B2B intelligence.
For the latest updates and more information about ZoomInfo Technologies Inc, visit their official website at zoominfo.com or their blog at blog.zoominfo.com. You can also follow them on Twitter, @zoominfo.
ZoomInfo (ZI) reported a strong first quarter for 2022, with GAAP revenue of $241.7 million, marking a 58% increase year-over-year. The GAAP operating margin stood at 13%, while adjusted operating income reached $95.7 million with a margin of 39%. The company generated cash flow from operations of $105 million and unlevered free cash flow of $125.9 million. Looking ahead, ZoomInfo forecasts Q2 revenue between $253-$255 million and full-year revenue of $1.06-$1.07 billion.
ZoomInfo (NASDAQ: ZI) will announce its first quarter 2022 financial results on May 2, 2022, after U.S. markets close. A conference call is scheduled for 4:30 p.m. ET on the same day to discuss the results. Investors can access the news release and related materials on the Investor Relations section of their website, and a live webcast will also be available. ZoomInfo provides go-to-market software and data solutions to over 25,000 companies globally.
ZoomInfo (NASDAQ: ZI) achieved the top position in 25 categories in G2's Spring 2022 Grid Reports, maintaining its market leadership for the fifth consecutive report. The company secured No. 1 spots in Buyer Intent Data Tools, Lead Capture, and Lead Intelligence categories. Notably, it ranked first across all three Enterprise solution sections: Sales Intelligence, Market Intelligence, and Marketing Account Intelligence. With 37 out of 43 rankings in the top two positions, ZoomInfo's RevOS continues to be positively received by customers, showcasing its effectiveness in driving revenue growth.
ZoomInfo has expanded its global footprint by opening its first physical office in Chennai, India. This move follows the successful acquisition of Insent.ai and aims to enhance collaboration among its growing team of employees in India’s tech hub. The office, located in Saravana Matrix Towers, includes modern amenities and promotes a culture of innovation and growth. ZoomInfo is currently hiring for various roles to bolster its team in this strategic location.
ZoomInfo (NASDAQ: ZI) recently announced the lease of over 180,000 square feet at the new Infinity Park Tower in Ra’anana, Israel, set to start in spring 2023. The lease covers the top nine floors of a 30-story building, enhancing ZoomInfo's research and development capabilities. This strategic investment aims to support the company's growth and expansion in global markets. The new office will provide a modern work environment and facilities for its 400+ Israel-based employees, primarily developers and engineers.
ZoomInfo (NASDAQ: ZI) has launched Tracker, a new feature in its SalesOS platform designed to help sales representatives track job movements of key buyers. This innovation enables users to stay updated on their clients' career changes, allowing for timely engagement with decision-makers. The feature is particularly beneficial during periods of high personnel movement, as new hires often make budget decisions shortly after joining. By acting quickly, sales reps can convert warm leads into new business opportunities.
ZoomInfo (NASDAQ: ZI) announced its upcoming participation in key investor events, including the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022 and the Raymond James Institutional Investors Conference on March 9, 2022. Investors can find detailed event information, including presentation times and webcasts, on the company's investor relations website. ZoomInfo provides modern go-to-market software and intelligence to over 25,000 companies, enhancing business sales, marketing, and operations.
ZoomInfo (NASDAQ: ZI) has been recognized as a leading software provider in G2’s 2022 rankings, securing top positions in multiple categories including Best Marketing and Digital Advertising Products and Best Global Software Sellers. The company’s conversation intelligence software, Chorus, also achieved high rankings in software satisfaction and mid-market classifications. These accolades are based on customer reviews, reflecting ZoomInfo’s commitment to enhancing user experience. The company aims to further increase customer satisfaction and influence within the software industry.
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