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) has partnered with Beyond Codes, a B2B demand generation company, to exclusively sell its sales intelligence products in India and Asia. This partnership allows businesses in these regions to access ZoomInfo's advanced platform, facilitating better customer connections and supporting global growth. The collaboration marks Beyond Codes as ZoomInfo’s first international Solution Partner, enhancing the go-to-market strategies of participating companies. Both companies aim to empower businesses with data-driven insights to drive revenue growth.
ZoomInfo (NASDAQ: ZI) has announced that Arianna Huffington, Founder of Thrive Global, will be the special guest speaker at its first digital user conference, Elevate 2021, on June 16 at 4:30 p.m. ET. She will discuss redefining success in hybrid workforces and offer science-backed strategies for resilience. The conference will take place from June 16-17, featuring over 75 breakout sessions focused on enhancing sales, marketing, and recruiting efforts. Attendees can register for free at elevate.zoominfo.com.
ZoomInfo (NASDAQ: ZI) has launched the Business Contact Preference Registry (BCPR), a global database of consumer opt-out requests aimed at improving data privacy in the B2B sector. This initiative aligns with ZoomInfo's commitment to ethical data stewardship and sets a new standard for privacy practices in the industry. The BCPR will facilitate B2B companies in respecting consumer preferences by providing a comprehensive opt-out list. Additionally, ZoomInfo recently achieved TrustArc’s GDPR and CCPA Practices Validations further solidifying its dedication to data privacy.
ZoomInfo (NASDAQ: ZI) has successfully acquired Insent, a conversational marketing platform leveraging AI for real-time interactions with website visitors. This strategic acquisition aims to enhance ZoomInfo's existing go-to-market intelligence solutions by integrating Insent's advanced lead routing and chatbot technology. The combination is expected to optimize lead conversion rates and provide personalized experiences for potential customers. Insent’s capabilities will be incorporated into ZoomInfo Chat, available to users by Q3 2021. Financial terms of the deal remain undisclosed, but it is not anticipated to materially affect ZoomInfo's 2021 financial results.
ZoomInfo (NASDAQ: ZI) announced a partnership with Snowflake, allowing ZoomInfo data to be integrated into Snowflake's platform via the Snowflake Data Marketplace. This collaboration aims to enhance data accuracy and delivery for companies, enabling seamless access to business intelligence solutions. ZoomInfo's dynamic data sets will support enterprises in improving their sales and marketing strategies, while ensuring compliance with GDPR and CCPA regulations. Customers can leverage over 300 data attributes to refine their target audiences and foster better business insights.
ZoomInfo (NASDAQ: ZI) announced the appointment of Chetna Mahajan as Chief Information Officer, bringing nearly 20 years of technology and operations experience. Mahajan will lead ZoomInfo’s IT strategy, driving digital transformation amid the company's ongoing growth. She previously held senior roles at Conga and Symantec, overseeing significant IT initiatives. The move aims to enhance operational excellence and customer engagement as ZoomInfo continues to innovate in market intelligence solutions.
ZoomInfo (NASDAQ: ZI) will host its first investor and analyst day on June 14, 2021, at 12 PM PT / 3 PM ET, featuring CEO Henry Schuck and CFO Cameron Hyzer. The event will be accessible via a live webcast, with a replay available afterward. ZoomInfo is also participating in several upcoming virtual investor events, including the Morgan Stanley Life After Covid Conference on May 20 and the J.P. Morgan Global Technology Conference on May 25. These events will provide insights into ZoomInfo's go-to-market intelligence solutions for over 20,000 companies worldwide.
ZoomInfo (NASDAQ: ZI) reported strong financial results for Q1 2021, with revenue of $153.3 million, a 50% year-over-year increase. Operating income reached $28.0 million, reflecting a 38% rise, while adjusted operating income was $66.1 million, up 35%. The company experienced a significant 229% increase in cash flow from operations, totaling $93.0 million. ZoomInfo anticipates Q2 2021 revenue between $161 million and $163 million, with full-year guidance set at $670 million to $676 million.
ZoomInfo is set to participate in the Demand Gen Summit Spring 2021 on April 28, 2021, at 1 p.m. ET, featuring Chief Marketing Officer Shane Murphy-Reuter. The summit is an online event aimed at marketing and sales professionals.
Murphy-Reuter will reveal strategies that drove over 60% revenue growth for ZoomInfo in 2020, focusing on data-driven sales processes. Additionally, the 2021 Demand Gen Awards will highlight contributions from ZoomInfo's Tal Raz and Zack Thompson, both nominated.
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