ZoomInfo Technologies Inc - ZI STOCK NEWS

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.

ZoomInfo (NASDAQ: ZI) reported a strong fourth quarter, achieving GAAP revenue of $222.3 million, a 59% increase year-over-year, and a GAAP operating income margin of 11%.

For 2021, the company posted total revenue of $747.2 million, up 57% year-over-year, with a net income per share of $0.43. Cash flow from operations hit $299.4 million.

ZoomInfo's annual net revenue retention rate was 116%. The company provided Q1 2022 guidance of $226 - $228 million in revenue.

ZoomInfo (NASDAQ: ZI) has secured a long-term contract with the U.S. General Services Administration (GSA) to provide its Data-as-a-Service (DaaS) solutions to government agencies. This enables government customers to access ZoomInfo's extensive intelligence tools through streamlined purchasing processes. With pre-determined pricing, the initiative aims to enhance operational efficiency and drive cost savings for taxpayer dollars. The collaboration is viewed as a strategic opportunity as public sector demand for data solutions grows.

ZoomInfo (NASDAQ: ZI) launched MarketingOS, an account-based marketing platform designed to empower sales and marketing teams through advanced B2B data and insights. This platform is part of a broader operating system called RevOS, aimed at enhancing revenue generation efforts across sales, marketing, operations, and recruiting. MarketingOS offers features such as targeted advertising, predictive scoring, and customer account monitoring, ensuring more efficient engagement with prospects. The system aims to address common pitfalls in marketing by providing accurate data and insights.

ZoomInfo (NASDAQ: ZI) has formed a strategic partnership with Google Cloud to integrate its business-to-business data into Google BigQuery. This collaboration aims to enhance customer access to ZoomInfo's data solutions, improving their go-to-market strategies. With this integration, organizations can efficiently import and utilize data, thereby increasing operational efficiency and saving resources. The partnership is expected to deliver modern data capabilities, helping customers unlock insights and improve business performance.

ZoomInfo has appointed Simon McDougall as its first Chief Compliance Officer to enhance its privacy and compliance framework. This move aligns with the company's expansion in London, where it plans to relocate senior executives and actively hire for local roles. In Q3 2021, ZoomInfo's international business experienced over 80% growth year over year, underlining its strong momentum. McDougall, with over two decades of experience, will guide compliance practices to support evolving data regulation, including GDPR.