Zoominfo Technologies Inc. Stock Price, News & Analysis

ZoomInfo (NASDAQ: ZI) has been recognized as a leading software provider in G2’s 2022 rankings, securing top positions in multiple categories including Best Marketing and Digital Advertising Products and Best Global Software Sellers. The company’s conversation intelligence software, Chorus, also achieved high rankings in software satisfaction and mid-market classifications. These accolades are based on customer reviews, reflecting ZoomInfo’s commitment to enhancing user experience. The company aims to further increase customer satisfaction and influence within the software industry.

ZoomInfo (NASDAQ: ZI) reported a strong fourth quarter, achieving GAAP revenue of $222.3 million, a 59% increase year-over-year, and a GAAP operating income margin of 11%.

For 2021, the company posted total revenue of $747.2 million, up 57% year-over-year, with a net income per share of $0.43. Cash flow from operations hit $299.4 million.

ZoomInfo's annual net revenue retention rate was 116%. The company provided Q1 2022 guidance of $226 - $228 million in revenue.

ZoomInfo (NASDAQ: ZI) has secured a long-term contract with the U.S. General Services Administration (GSA) to provide its Data-as-a-Service (DaaS) solutions to government agencies. This enables government customers to access ZoomInfo's extensive intelligence tools through streamlined purchasing processes. With pre-determined pricing, the initiative aims to enhance operational efficiency and drive cost savings for taxpayer dollars. The collaboration is viewed as a strategic opportunity as public sector demand for data solutions grows.

ZoomInfo (NASDAQ: ZI) launched MarketingOS, an account-based marketing platform designed to empower sales and marketing teams through advanced B2B data and insights. This platform is part of a broader operating system called RevOS, aimed at enhancing revenue generation efforts across sales, marketing, operations, and recruiting. MarketingOS offers features such as targeted advertising, predictive scoring, and customer account monitoring, ensuring more efficient engagement with prospects. The system aims to address common pitfalls in marketing by providing accurate data and insights.

ZoomInfo (NASDAQ: ZI) has formed a strategic partnership with Google Cloud to integrate its business-to-business data into Google BigQuery. This collaboration aims to enhance customer access to ZoomInfo's data solutions, improving their go-to-market strategies. With this integration, organizations can efficiently import and utilize data, thereby increasing operational efficiency and saving resources. The partnership is expected to deliver modern data capabilities, helping customers unlock insights and improve business performance.

ZoomInfo has appointed Simon McDougall as its first Chief Compliance Officer to enhance its privacy and compliance framework. This move aligns with the company's expansion in London, where it plans to relocate senior executives and actively hire for local roles. In Q3 2021, ZoomInfo's international business experienced over 80% growth year over year, underlining its strong momentum. McDougall, with over two decades of experience, will guide compliance practices to support evolving data regulation, including GDPR.

ZoomInfo (NASDAQ: ZI) will announce its fourth quarter and full-year 2021 financial results on February 15, 2022, after U.S. markets close. The results will be discussed in a conference call at 4:30 p.m. ET. Interested parties can access the news release and additional materials through ZoomInfo's Investor Relations page. The call will also be available via live webcast, with an archived version accessible for a year afterward.

ZoomInfo (NASDAQ: ZI) has been awarded the ACE Program of the Year by CustomerEducation.org for its customer training and onboarding initiative, ZoomInfo University. This program has successfully certified thousands of users since its launch in September 2019, enhancing customer engagement with the platform by 20% on average. The award highlights ZoomInfo University’s achievement in offering over 150 courses and 90,000 course completions, significantly benefiting both users and the business.