Zoominfo Technologies Inc. Stock Price, News & Analysis

ZoomInfo (NASDAQ: ZI) will host an Analyst Day on June 2, 2022, at 12:00 p.m. PT. Presenters will include CEO Henry Schuck, COO Chris Hays, and CFO Cameron Hyzer. A live webcast will be available on the investor relations website, with a replay following the event. Upcoming investor events include the J.P. Morgan Global Technology Conference on May 23 and the Bank of America Global Technology Conference on June 7. For more details, visit ir.zoominfo.com.

ZoomInfo (NASDAQ: ZI) has acquired Comparably, a leading recruitment marketing platform, to enhance its TalentOS suite. This acquisition aims to improve the ability of companies to attract and engage top talent, particularly in a challenging job market with over 11 million job openings in the U.S. Comparably provides unique insights into company cultures and offers SaaS solutions for employer branding. Though financial terms were undisclosed, the acquisition is not expected to significantly affect ZoomInfo’s 2022 financials.

ZoomInfo (ZI) reported a strong first quarter for 2022, with GAAP revenue of $241.7 million, marking a 58% increase year-over-year. The GAAP operating margin stood at 13%, while adjusted operating income reached $95.7 million with a margin of 39%. The company generated cash flow from operations of $105 million and unlevered free cash flow of $125.9 million. Looking ahead, ZoomInfo forecasts Q2 revenue between $253-$255 million and full-year revenue of $1.06-$1.07 billion.

ZoomInfo (NASDAQ: ZI) will announce its first quarter 2022 financial results on May 2, 2022, after U.S. markets close. A conference call is scheduled for 4:30 p.m. ET on the same day to discuss the results. Investors can access the news release and related materials on the Investor Relations section of their website, and a live webcast will also be available. ZoomInfo provides go-to-market software and data solutions to over 25,000 companies globally.

ZoomInfo (NASDAQ: ZI) achieved the top position in 25 categories in G2's Spring 2022 Grid Reports, maintaining its market leadership for the fifth consecutive report. The company secured No. 1 spots in Buyer Intent Data Tools, Lead Capture, and Lead Intelligence categories. Notably, it ranked first across all three Enterprise solution sections: Sales Intelligence, Market Intelligence, and Marketing Account Intelligence. With 37 out of 43 rankings in the top two positions, ZoomInfo's RevOS continues to be positively received by customers, showcasing its effectiveness in driving revenue growth.

ZoomInfo has expanded its global footprint by opening its first physical office in Chennai, India. This move follows the successful acquisition of Insent.ai and aims to enhance collaboration among its growing team of employees in India’s tech hub. The office, located in Saravana Matrix Towers, includes modern amenities and promotes a culture of innovation and growth. ZoomInfo is currently hiring for various roles to bolster its team in this strategic location.

ZoomInfo (NASDAQ: ZI) recently announced the lease of over 180,000 square feet at the new Infinity Park Tower in Ra’anana, Israel, set to start in spring 2023. The lease covers the top nine floors of a 30-story building, enhancing ZoomInfo's research and development capabilities. This strategic investment aims to support the company's growth and expansion in global markets. The new office will provide a modern work environment and facilities for its 400+ Israel-based employees, primarily developers and engineers.

ZoomInfo (NASDAQ: ZI) has launched Tracker, a new feature in its SalesOS platform designed to help sales representatives track job movements of key buyers. This innovation enables users to stay updated on their clients' career changes, allowing for timely engagement with decision-makers. The feature is particularly beneficial during periods of high personnel movement, as new hires often make budget decisions shortly after joining. By acting quickly, sales reps can convert warm leads into new business opportunities.