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ZoomInfo Technologies Inc - ZI STOCK NEWS

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.

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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.

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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.

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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.

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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.

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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.

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ZoomInfo (NASDAQ: ZI) will announce its fourth quarter and full-year 2021 financial results on February 15, 2022, after U.S. markets close. The results will be discussed in a conference call at 4:30 p.m. ET. Interested parties can access the news release and additional materials through ZoomInfo's Investor Relations page. The call will also be available via live webcast, with an archived version accessible for a year afterward.

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ZoomInfo (NASDAQ: ZI) has been awarded the ACE Program of the Year by CustomerEducation.org for its customer training and onboarding initiative, ZoomInfo University. This program has successfully certified thousands of users since its launch in September 2019, enhancing customer engagement with the platform by 20% on average. The award highlights ZoomInfo University’s achievement in offering over 150 courses and 90,000 course completions, significantly benefiting both users and the business.

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ZoomInfo (NASDAQ: ZI) announced that its employees raised over $2 million during the 2021 Winter Donation Drive for youth-focused nonprofits in local communities. Significant contributions included over $1 million for Evergreen Public Schools in Vancouver, Wash., and $130,000 for Cradles to Crayons in Massachusetts. ZoomInfo employees have now surpassed $3.26 million in donations over six years. These funds support various community services, emphasizing the company's commitment to social responsibility.

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Chorus.ai, a leader in Conversation Intelligence and part of ZoomInfo, has been recognized as one of the 2021 Top 25 Companies Where Women Want to Work by #GirlsClub, ranking in the top 10% out of over 150 nominees. The recognition highlights Chorus' commitment to workplace equality, including paid maternity leave and initiatives to boost female leadership. This accolade reflects the company's efforts to improve diversity and gender representation in the tech industry.

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ZoomInfo (NASDAQ: ZI) has earned a record-tying 27 top positions in G2’s Winter 2022 Grid Reports, marking its second occurrence at this level. The company has maintained the No. 1 ranking in 18 grids for at least six consecutive quarters, demonstrating its market leadership in Buyer Intent Data Tools and Sales Intelligence. ZoomInfo also improved or matched its rankings across all 43 grids, underscoring strong customer satisfaction. Notably, the company continues to emphasize its commitment to data accuracy and compliance.

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FAQ

What is the current stock price of ZoomInfo Technologies (ZI)?

The current stock price of ZoomInfo Technologies (ZI) is $10.79 as of December 20, 2024.

What is the market cap of ZoomInfo Technologies (ZI)?

The market cap of ZoomInfo Technologies (ZI) is approximately 3.7B.

What is ZoomInfo Technologies Inc?

ZoomInfo Technologies Inc is a provider of a growth acceleration platform offering B2B contact and company intelligence.

What does ZoomInfo's platform do?

It delivers comprehensive go-to-market data, intelligence, and analytics for sales and marketing teams.

How does ZoomInfo help sales and marketing teams?

ZoomInfo provides accurate contact information and insights to improve marketing campaigns and sales prospecting efforts.

Where does ZoomInfo derive most of its revenue?

Nearly all of ZoomInfo's revenue comes from the United States.

What type of information can users access on ZoomInfo's platform?

Users can access direct dial phone numbers, email addresses, and detailed background information.

How often is ZoomInfo's database updated?

The database is continuously updated to provide the most accurate and actionable data.

What are some recent achievements of ZoomInfo?

Recent achievements include enhancements to their database and new partnerships with leading technology providers.

Where can I find more information about ZoomInfo?

For more information, visit their website at zoominfo.com or their blog at blog.zoominfo.com.

Can I follow ZoomInfo on social media?

Yes, you can follow ZoomInfo on Twitter @zoominfo.

What is the main benefit of using ZoomInfo's platform?

The main benefit is gaining access to high-quality, actionable B2B intelligence to drive profitable growth.

ZoomInfo Technologies Inc

Nasdaq:ZI

ZI Rankings

ZI Stock Data

3.69B
269.32M
11.07%
89.54%
11.53%
Software - Application
Services-prepackaged Software
Link
United States of America
VANCOUVER