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), a leading go-to-market platform, has announced the release date for its second quarter 2024 financial results. The company will publish its financial report on Monday, August 5, 2024, after the U.S. financial markets close. Following the release, ZoomInfo's management will host a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results.
Investors and interested parties can access the webcast through ZoomInfo's Investor Relations website. For those wishing to participate via telephone, registration is required to receive a dial-in number and unique PIN. An archived version of the webcast will be available on the company's website for one year following the call.
ZoomInfo (NASDAQ: ZI) achieved a significant milestone by securing the top spot in 30 categories in G2’s Summer 2024 Grid Reports, placing it in the top 0.01% of over 130,000 vendors. ZoomInfo received 138 No. 1 rankings, excelling as the leading Enterprise solution in 10 categories, including Buyer Intent Data, Sales Intelligence, and Marketing Account Intelligence.
Additionally, ZoomInfo topped the charts in eight categories, outperforming competitors by a substantial margin. It has maintained the No. 1 position in the Buyer Intent Data Overall grid for 16 consecutive quarters and led the Marketing Account Intelligence Overall grid for 15 of the past 17 quarters.
ZoomInfo's products, particularly ZoomInfo Sales and Chorus by ZoomInfo, garnered over 8,000 5-star reviews on G2. The company's presence increased across various grids and reports, reflecting its role in enhancing go-to-market strategies through superior data.
ZoomInfo (NASDAQ: ZI) has become the first data company to achieve the TRUSTe Responsible AI Certification from TrustArc. This certification, focused on data protection and privacy, is the first of its kind, highlighting ZoomInfo's commitment to responsible AI practices. The certification incorporates guidelines from the EU AI Act, NIST AI Risk Management Framework, ISO:42001, and OECD AI Principles.
ZoomInfo recently introduced ZoomInfo Copilot, an AI-powered platform that utilizes its extensive data to recommend best-fit, in-market accounts and automate prospect outreach for sales teams. The company emphasizes its dedication to robust governance frameworks, ensuring data privacy and customer trust.
Chief Compliance Officer Simon McDougall stated that this certification underscores their commitment to compliance with evolving AI standards and transparency with stakeholders.
ZoomInfo (NASDAQ: ZI) has launched ZoomInfo Copilot, an AI-powered tool that enhances B2B sales by leveraging high-quality data to provide actionable insights. The platform integrates generative AI to predict sales pipelines, generate targeted emails, and create detailed account summaries. Early users have seen a significant increase in sales opportunities and reduced time spent on manual tasks. ZoomInfo Copilot predicted nearly half of beta users' existing pipelines and doubled their sales opportunities. Key features include real-time alerts, buying group insights, AI email generation, and conversational AI for quick data retrieval. The platform aims to make every seller more effective by delivering relevant and timely sales insights.
ZoomInfo (NASDAQ: ZI) announced its participation in upcoming investor conferences, including the J.P. Morgan Global Technology, Media, and Communications Conference, Jefferies Software Conference, and BofA Securities Global Technology Conference in May and June 2024. Executives will share insights and updates at these events. More details are available on the company's investor relations website.
ZoomInfo (NASDAQ: ZI) has swept all six eligible categories in TrustRadius' Top Rated Awards for customer satisfaction, receiving more than 1,600 ratings reflecting best-in-class customer satisfaction. The company's solutions were recognized for sales intelligence, intent data, conversation intelligence, and more. ZoomInfo's commitment to delivering market-leading solutions powered by proprietary data has earned praise from verified users, highlighting the platform's effectiveness in helping sales teams sell smarter and win faster.
ZoomInfo announced its first quarter 2024 financial results, reporting a 3% year-over-year revenue growth, with GAAP revenue of $310.1 million and GAAP operating margin of 14%. The company also highlighted Adjusted Operating Income Margin of 39% and a GAAP Cash Flow from Operations of $115.9 million. ZoomInfo closed the quarter with 1,760 customers with $100,000 or greater in annual contract value and repurchased shares under an approved program. The business outlook includes guidance for the second quarter and full year 2024.
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