ZoomInfo Technologies Inc - ZI STOCK NEWS

ZoomInfo (NASDAQ: ZI), a leader in go-to-market software, announced participation in upcoming investor events, including the 44th Annual Institutional Investors Conference on March 7, 2023 and the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2023. For details on presentation times and webcasts, visit ZoomInfo's investor relations website.

ZoomInfo provides a revenue operating system, RevOS, aimed at enhancing sales, marketing, and recruitment for over 30,000 global companies. The firm emphasizes compliance with GDPR and CCPA, ensuring high data accuracy and integration in various workflows.

ZoomInfo (NASDAQ: ZI) announced the integration of GPT technology into its go-to-market (GTM) platform, enhancing how users connect with customers. This innovation aims to reduce prospecting time and improve efficiency for sales and marketing teams. Users will be able to specify their needs in a few sentences, prompting the platform to deliver relevant insights in real-time. The company plans to use GPT for features like suggested contacts and automation across engagement channels, promoting a more streamlined approach to customer engagement. CEO Henry Schuck expressed optimism about these advancements in product development.

ZoomInfo (NASDAQ: ZI) has released its 2023 Customer Impact Report, showcasing enhanced productivity and value for businesses using its go-to-market software. The survey of over 4,300 users across various sectors revealed that customers experienced a 63% boost in productivity, cutting prospecting time by 50% and achieving double connect rates. Additionally, 67% of sales leaders reported increased revenue and 37% shorter deal cycles. Marketers noted 70% reduction in spending through better targeting. The report emphasizes ZoomInfo's role in facilitating sustainable growth.

ZoomInfo (NASDAQ: ZI) reported a 36% year-over-year revenue growth in Q4 2022, totaling $301.7 million. The company achieved an operating income of $52.1 million with a GAAP operating income margin of 17% and an adjusted operating income margin of 42%. For the full year 2022, revenues reached $1.098 billion, up 47% from the previous year. Cash flow from operations was $120.2 million in Q4 and $417 million for the year. The company forecasts Q1 2023 revenue between $299 million and $301 million and total revenue for FY 2023 to be between $1.275 billion and $1.285 billion.

ZoomInfo (NASDAQ: ZI) has announced the appointments of Ali Dasdan as Chief Technology Officer and Dave Justice as Chief Revenue Officer, effective February 1 and February 6, respectively. Dasdan joins from Atlassian, bringing expertise in enterprise SaaS solutions and product innovation, while Justice has a proven track record with PagerDuty and Salesforce. The leadership changes aim to enhance ZoomInfo's growth and customer value delivery, with a focus on leveraging their platforms to improve productivity and efficiency in go-to-market strategies.

ZoomInfo (NASDAQ: ZI) has announced it will release its financial results for the fourth quarter and full-year 2022 on February 6, 2023, after U.S. financial markets close. A conference call will follow at 4:30 p.m. ET, where management will discuss the results. This event can be accessed via the company’s Investor Relations website. ZoomInfo is recognized for providing modern go-to-market software and data for over 30,000 companies, designed to enhance business operations across sales, marketing, and recruiting.

ZoomInfo (NASDAQ: ZI) announced its employees raised over $400,000 during the 2022 Winter Donation Drive, contributing to a total of $3.68 million since 2016. This campaign supports youth- and family-focused nonprofits across six states and five countries. Notable beneficiaries include Evergreen Public Schools and Cradles to Crayons. CEO Henry Schuck emphasized the company's commitment to making a positive impact in the community. The donations aim to address basic needs and foster educational opportunities for underprivileged youth.

ZoomInfo (NASDAQ: ZI) announced a record performance in the G2 Winter 2023 Grid® Reports with 29 No. 1 rankings across 87 grids, highlighting its leadership in several Enterprise categories. The company secured a total of 198 awards, including top placements in Buyer Intent Data, Sales Intelligence, and Market Intelligence. For the eighth consecutive quarter, ZoomInfo maintained its top position in all four key Enterprise grids, demonstrating its strong market presence and customer satisfaction.