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. (NASDAQ: ZI) is publicly described as a Go-To-Market Intelligence Platform that helps businesses grow faster with AI-ready insights, trusted data, and advanced automation. The news flow around ZoomInfo focuses on how its GTM Intelligence Platform, data assets, and AI capabilities are used by sales, marketing, and revenue teams, as well as on its financial performance and capital markets activity.
On this page, readers can follow news about ZoomInfo’s product developments, such as enhancements to ZoomInfo Copilot, which the company describes as an AI-powered solution that delivers account insights throughout the sales funnel. Updates have included features for automatic account tracking, expanded account intelligence, alerts for at-risk deals, and the delivery of buying signals into CRM systems. News also covers the introduction of GTM Studio, a workspace within the platform that ZoomInfo says allows revenue teams to design and orchestrate go-to-market plays using unified data and activation.
Investors and operators can also review announcements about partnerships and integrations where ZoomInfo’s data and signals are embedded into other platforms. Examples in the provided materials include collaborations with advertising and content personalization platforms that use ZoomInfo’s company and contact intelligence, intent signals, and reverse IP lookup capabilities to identify visitors, enrich firmographic profiles, and support more targeted campaigns.
In addition, ZoomInfo regularly issues earnings press releases and guidance updates, which discuss revenue, operating income, non-GAAP metrics, and outlook. Other news items highlight recognition from customer review platforms and independent research firms, board and executive appointments, and changes to its Nasdaq trading symbol from ZI to GTM. Together, these updates give a detailed view of how ZoomInfo presents its business progress, platform evolution, and market positioning over time.
ZoomInfo (NASDAQ: ZI) has announced the integration of its data within the Chorus conversation intelligence platform to enhance deal insights and sales forecasting. The new feature, Momentum Signals, allows users to set customizable alerts for deal risk in real-time, improving decision-making for sales teams. The integration aims to simplify the engagement process by providing users with key target data directly within the Chorus platform, allowing them to identify crucial contacts efficiently. This upgrade is expected to strengthen relationships between buyers and sellers significantly.
ZoomInfo (NASDAQ: ZI) has launched a new feature, Momentum Signals, within its Chorus platform. This addition enables users to receive customized alerts about deal risks, improving forecasting and sales efficiency. The integration allows sales teams to identify key contacts and track significant changes among prospects, such as new executive hires. The enhancements aim to streamline the sales process and provide actionable insights in real time, ultimately helping to close deals faster. Founded by Henry Schuck, ZoomInfo focuses on modern software and data solutions for B2B professionals.
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.
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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.