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 (NASDAQ: ZI) will announce its third quarter 2021 financial results on Monday, Nov. 1, 2021, after U.S. markets close. Following the announcement, management will host a conference call at 4:30 p.m. ET to discuss the results. Investors can access the news release and materials on the Investor Relations website. ZoomInfo is a leading provider of go-to-market software and intelligence, serving over 20,000 companies globally.
ZoomInfo (NASDAQ: ZI) will participate in the 2021 Silicon Slopes Summit on Thursday, Oct. 14, at 12 p.m. ET. Henry Schuck, the founder and CEO, will host a fireside chat discussing the journey from law school to leading a technology company recognized for its significant IPO. He will cover ZoomInfo's M&A strategy, the future of sales, and the company's growth challenges. This event highlights ZoomInfo's role in the business community and its competitive position among industry leaders.
ZoomInfo (NASDAQ: ZI) has expanded its European company and contact data coverage by 78% and 81%, respectively, over the past year. This growth is part of the launch of the ZoomInfo Data Passport, aimed at providing accurate and compliant global data to sales, marketing, and recruiting teams. The company also reported a 75% year-over-year increase in international revenue, demonstrating strong demand for its data solutions. ZoomInfo focuses on GDPR compliance, ensuring that customers can access reliable data.
ZoomInfo (NASDAQ: ZI) has signed a lease for a new global headquarters in Vancouver, Washington, to occupy a 366,000 square-foot building at Terminal 1 in 2025. This move is aimed at supporting the company's ongoing growth and fostering collaboration among its team. The new office will include modern amenities and waterfront access, reflecting the expansion strategy following an evaluation of 12 potential locations. Additionally, ZoomInfo is expanding its East Coast office in Waltham, Massachusetts, highlighting its commitment to hiring and community support.
Tegus has appointed Henry Schuck, Founder and CEO of ZoomInfo (NASDAQ: ZI), to its Board of Directors as of September 27, 2021. This strategic move is expected to leverage Schuck's extensive expertise in B2B data and software to enhance Tegus' market and business intelligence platform. Schuck's previous leadership at ZoomInfo, serving over 20,000 clients and driving significant revenue growth, will support Tegus during its growth phase. The company aims to transform how decision-makers access critical information to improve decision-making.
ZoomInfo (NASDAQ: ZI) has launched a new publication called The Pipeline, designed for sales, marketing, and recruiting professionals. This resource will provide data-driven strategies and tactics to help build and expand the revenue funnel. With content from industry leaders, The Pipeline aims to assist all levels of professionals, from startups to S&P 100 companies. Meghan Barr, Editor-in-Chief, emphasizes the importance of actionable insights for business growth. Subscriptions are available for updates, with further editions for marketing and recruiting set to launch soon.
ZoomInfo has retained its No. 1 position on 26 grids in G2’s Fall 2021 Grid Reports, marking its third consecutive quarter with at least 26 top placements. The company led 18 different grids for five consecutive quarters and achieved a record 43 grid appearances. Notably, ZoomInfo maintained the top spot in the Marketing Account Intelligence section for 15 quarters and ranked No. 1 in six sections overall. The reports highlight high customer satisfaction, reflecting ZoomInfo's commitment to innovation and quality.
ZoomInfo (NASDAQ: ZI) has acquired RingLead, enhancing its platform for data orchestration and revenue operations automation. The acquisition will provide companies with high-quality, actionable data to streamline go-to-market strategies. RingLead's tools automate data management, enabling the reconciliation of inconsistent customer data. This integration aims to improve lead routing and accelerate revenue growth. While financial terms were undisclosed, the acquisition is not expected to materially impact ZoomInfo's financial results for 2021.
ZoomInfo (NASDAQ: ZI) announced a significant corporate restructuring aimed at streamlining its governance and reducing compliance costs. This involves eliminating its UP-C corporate structure, ensuring all shareholders have equal voting rights. The conversion of OpCo units to Class A common stock is expected to enhance shareholder value and potential index inclusion. In Q2 2021, ZoomInfo reported a 57% revenue growth year-over-year, totaling $174 million, with over 1,100 customers contributing over $100,000 annually. The company aims to complete this restructuring by Q4 2021.
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