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 has published a new book titled The Modern Sales Playbook: 100 Pipeline Plays, aiming to assist revenue teams of all sizes in achieving their sales targets. Authored by Henry Schuck, the book compiles 100 successful sales strategies backed by over 200 pages of research. These Pipeline Plays offer actionable insights to enhance efficiency in the sales cycle, from lead generation to customer retention. The book is available as a free digital download with paperback and Kindle versions expected in early 2022.
ZoomInfo (NASDAQ: ZI), a leader in go-to-market software and data solutions, announced its participation in various investor events throughout November and December 2021. Key events include the Stifel Virtual Midwest Growth Conference on Nov. 11, the RBC Capital Markets Global Technology Conference on Nov. 16, and the Credit Suisse Technology Conference on Nov. 30. These conferences will feature live webcasts, with replays available on ZoomInfo's investor relations website. The company supports over 25,000 global clients with advanced data solutions for sales and marketing.
ZoomInfo reported impressive Q3 2021 results, achieving GAAP revenue of $197.6 million, marking a 60% year-over-year growth. The GAAP operating margin stood at 10%, with an adjusted operating income margin of 39%. The company generated $46.5 million in cash flow from operations and an unlevered free cash flow of $73.3 million. The acquisition of RingLead enhances its data orchestration capabilities. ZoomInfo anticipates Q4 2021 revenue between $206-$208 million and aims for FY 2021 revenue of $703-$707 million.
ZoomInfo (NASDAQ: ZI) was recognized with Comparably Awards for Best Compensation and Happiest Employees, ranking among the top 15 large companies. The company improved its standings by over 10 spots compared to 2020. CEO Henry Schuck highlighted the importance of employee satisfaction for growth and profitability. In addition, ZoomInfo received accolades for inclusivity and was listed as one of Fortune's Best Workplaces for Millennials. Comparably's evaluations reflect anonymous employee sentiment from September 2020 to September 2021.
Chorus.ai, a leader in Conversation Intelligence and part of ZoomInfo, has been recognized as a strong performer in Forrester's Q4 2021 Conversation Intelligence report. The company achieved top scores in key areas such as Sales Performance Measurement and Ease of Use. Chorus' innovative features, like linking video conversations to presentation slides, set it apart from competitors. This recognition builds on previous accolades, including being named the top product in SoftwareReviews' 2021 Conversation Intelligence Data Quadrant. Chorus helps companies enhance revenue team effectiveness and customer insights.
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.
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