Zoominfo Technologies Inc. Stock Price, News & Analysis

ZoomInfo Technologies Inc. (NASDAQ: ZI) announced a secondary offering of 20 million shares of its Class A common stock by certain selling stockholders, including TA Associates, The Carlyle Group, and affiliates of ZoomInfo’s founders. The offering allows for an additional 3 million shares through a 30-day underwriter option. All proceeds will go to the selling stockholders. The offering is underwritten by Morgan Stanley, with the last reported share price at $64.54 as of August 6, 2021. No shares are being sold by ZoomInfo itself.

ZoomInfo (NASDAQ: ZI), a leader in go-to-market software, announced participation in the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021. The event will be webcast live, and a replay will be available on their investor relations site. The company empowers over 20,000 businesses worldwide with its comprehensive data and technology solutions that enhance sales, marketing, and recruiting processes.

For more details on presentations and event specifics, visit ZoomInfo's investor relations website.

ZoomInfo Technologies Inc. (NASDAQ: ZI) announced a secondary offering of 27 million shares of its Class A common stock at a price of $55.25 per share, with the proceeds going to selling stockholders including TA Associates, The Carlyle Group, and others. No proceeds will go to ZoomInfo itself. The offering is set to close on August 6, 2021, subject to customary conditions. Morgan Stanley is the underwriter. The last reported price of ZoomInfo stock was $56.50 on August 3, 2021. This announcement follows a registration statement with the SEC that is now effective.

ZoomInfo Technologies announced an upsized secondary offering, increasing shares from 20 million to 27 million. The selling stockholders, including TA Associates and The Carlyle Group, will retain all proceeds. No shares are sold by ZoomInfo itself. The last sale price per share was $54.78. Morgan Stanley is acting as the underwriter, with the offering executed under a previously effective SEC registration statement. The company emphasizes that this does not constitute a solicitation to buy shares in unauthorized jurisdictions.

ZoomInfo Technologies Inc. (NASDAQ: ZI) announces a secondary offering of 20,000,000 shares of its Class A common stock by selling stockholders, including investment funds affiliated with TA Associates, Carlyle, and 22C Capital. The sale is pursuant to a shelf registration statement with the SEC, and proceeds will go to the selling stockholders. No shares are sold by ZoomInfo itself. The offering is underwritten by Morgan Stanley, who will set a fixed price for shares. The last reported price of ZoomInfo’s stock was $54.78 per share on August 2, 2021.

ZoomInfo (NASDAQ: ZI) reported strong financial results for Q2 2021, achieving revenue of $174.0 million, a 57% increase year-over-year. The operating income stood at $40.9 million, with a GAAP margin of 24% and an adjusted margin of 43%. Cash flow from operations reached $88.6 million, reflecting a 250% increase. The company acquired Chorus.ai and Insent.ai, enhancing its go-to-market capabilities. For Q3 2021, ZoomInfo anticipates revenue between $182 million and $184 million.

Chorus.ai, a leader in Conversation Intelligence, has launched a new app for Zoom Video Communications, Inc., enhancing real-time engagement during meetings. This app, embedded within Zoom, allows sales teams to take live notes, collaborate seamlessly, and sync directly with customer relationship management systems like Salesforce. The integration aims to strengthen customer interactions and improve conversion rates. This innovation follows the introduction of the Momentum feature suite, which leverages AI insights to minimize deal risks, demonstrating Chorus.ai's commitment to improving sales team productivity and effectiveness.