ZoomInfo Technologies Inc - ZI STOCK NEWS

ZoomInfo (NASDAQ: ZI) announced its executives will participate in several upcoming investor events. Key conferences include the RBC Capital Markets Global TIMT Conference on Nov. 16, Credit Suisse Technology Conference on Nov. 29, Wells Fargo TMT Summit on Nov. 30, UBS Global TMT Conference on Dec. 5, and Nasdaq Investor Conference on Dec. 6, 2022. For event specifics, including webcast details, visit the company’s investor relations website.

ZoomInfo provides modern go-to-market software, data, and intelligence, serving over 30,000 companies worldwide with its RevOS system.

ZoomInfo (NASDAQ: ZI) reported strong Q3 2022 results with GAAP revenue of $287.6 million, marking a 46% increase year-over-year. GAAP operating margin stood at 18% with adjusted operating income margin at 41%. Cash flow from operations reached $85.7 million and unlevered free cash flow was $99.8 million. The company expects Q4 2022 GAAP revenue between $298-$300 million and full-year 2022 revenue at $1.08-$1.09 billion.

ZoomInfo enhances its data-driven solutions and continues to grow its B2B database, now exceeding 235 million profiles.

ZoomInfo (NASDAQ: ZI) has renewed its TRUSTe Enterprise Privacy Certification Seal, reinforcing its commitment to global data privacy and security standards. This certification demonstrates compliance with ISO/IEC 27001 and SOC 2 Type II practices, essential for ensuring data governance and privacy. Additionally, ZoomInfo has joined SAFECode, enhancing its software security capabilities alongside major tech firms. The company aims to maintain high privacy standards and manage customer trust effectively, evidenced by ongoing certifications since 2020.

ZoomInfo (NASDAQ: ZI) has achieved a record 28 No. 1 rankings in the G2 Fall 2022 Grid® Reports, marking the highest number in its history. The company received a total of 167 awards, dominating categories like Lead Capture and Buyer Intent Data Tools. For ten consecutive quarters, it was ranked as the No. 1 Enterprise solution in Sales Intelligence and Marketing Account Intelligence. ZoomInfo's success reflects its innovative platform and commitment to customer satisfaction, as stated by CEO Henry Schuck.

ZoomInfo (NASDAQ: ZI) announced that it will release its third quarter 2022 financial results on Tuesday, Nov. 1, 2022, after U.S. market close. A conference call is scheduled for 4:30 p.m. ET to discuss these results. Investors can access the release and related materials via the Investor Relations section of the company's website.

As a global leader in go-to-market software, ZoomInfo serves over 30,000 companies with its data and intelligence solutions.

ZoomInfo (NASDAQ: ZI) has significantly expanded its global contact database, now exceeding 235 million B2B profiles, with over 145 million contacts from international markets. The company added approximately 60 million profiles this year, primarily from the U.K., India, and Canada. ZoomInfo emphasizes data integrity and compliance with global regulations, including GDPR. Their data enhancements enable companies to target customers effectively, streamline sales processes, and improve talent acquisition, further solidifying ZoomInfo's position as a leading go-to-market intelligence provider.

ZoomInfo (NASDAQ: ZI) has appointed Andrew Riesenfeld as Senior Vice President of Business Development, focusing on enhancing their sales development and enablement teams. Riesenfeld aims to optimize the company's go-to-market strategies, drawing on over a decade of SaaS leadership experience, including previous roles at DocuSign, where he significantly increased revenue from $200 million to $2.5 billion. CEO Henry Schuck expressed confidence in Riesenfeld's capabilities, anticipating an immediate and lasting impact on the organization.

ZoomInfo (NASDAQ: ZI) announced an expansion of its technographic data, providing insights into technology solutions used by over 30 million companies. This dataset now includes more than 300 million technology pairings, enhancing sales and marketing targeting capabilities. The expanded data enables identification of a company’s tech stack across over 200 technology categories, driving efficiency in prospecting. Nearly 90% of tech-to-company pairings have been updated in the last three months, ensuring accurate tracking of technology usage.

ZoomInfo (NASDAQ: ZI) announced a significant expansion of its company coverage, tripling its database to include over 100 million businesses through enhanced data acquisition and machine learning. The new data pipeline improves accuracy and allows customers to target a wider market, particularly smaller businesses with limited online presence. ZoomInfo now provides comprehensive data, including revenue, headcount, and industry classifications for all companies in its database, and has doubled its non-headquarter locations to over 35 million, enhancing sales opportunities.