Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
04 June 2020Website:
http://www.zoominfo.comNext earnings report:
12 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 22:54:58 GMTDividend
Analysts recommendations
Institutional Ownership
ZI Latest News
A leading go-to-market platform provider, ZoomInfo leverages Telmai to achieve scalable, proactive data quality monitoring across its data ecosystem, boosting accuracy and efficiency. SAN FRANCISCO , Nov. 20, 2024 /PRNewswire/ -- Telmai , the AI-powered, open-architecture data observability company, proudly announces ZoomInfo (NASDAQ: ZI) as its newest client.
ZoomInfo Technologies' near-term outlook is poor with shrinking revenues, but positive revenue growth is expected by early 2025, potentially turning its narrative around. The company has a highly leveraged balance sheet with $1.1 billion net debt, making it a risky investment for a barely growing business. ZoomInfo's clean free cash flow for 2024 is estimated at $360 million, with a potential increase to $390 million in 2025, pricing the stock at 9x forward free cash flow.
I am reiterating my sell rating on ZoomInfo Technologies stock after it crashed more than 10% post Q3 earnings. Revenue continued to decline, even as the company noted that its business transformation is showing signs of stabilization. ZoomInfo has exited many smaller business customers and is demanding upfront payments in response to credit concerns where many earlier customers didn't pay their bills.
ZoomInfo Technologies Inc. ZI reported better-than-expected earnings for its third quarter on Tuesday.
ZoomInfo Technologies (NASDAQ:ZI ) Q3 2024 Earnings Call Transcript November 12, 2024 4:30 PM ET Company Participants Jerry Sisitsky - Vice President of Investor Relations Henry Schuck - Founder and Chief Executive Officer Graham O'Brien - Interim CFO & Interim PFO Conference Call Participants Alex Zukin - Wolfe Research David Hynes - Canaccord Genuity Brad Zelnick - Deutsche Bank Elizabeth Porter - Morgan Stanley Frank Surace - Barclays Parker Lane - Stifel Financial Corp. Hannah Rudolph - Piper Sandler Koji Ikeda - Bank of America Taylor McGinnis - UBS Jackson Ader - KeyBanc Capital Markets Michael Berg - Wells Fargo Securities Johnathan McCary - Raymond James Tyler Radke - Citi Rishi Jaluria from - Capital Markets Patrick Walravens - JMP Securities Operator Good day, and thank you for standing by. Welcome to the ZoomInfo Third Quarter 2024 Financial Results Conference Call.
ZoomInfo (ZI) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.26 per share a year ago.
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / If you suffered a loss on your ZoomInfo Technologies Inc. (NASDAQ:ZI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/zoominfo-technologies-inc-lawsuit-submission-form?prid=110663&wire=1 or contact Joseph E. Levi, Esq.
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: ZI). Shareholders who purchased shares of ZI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo has been named a Leader in Snowflake's 2025 Modern Marketing Data Stack report in the “Enrichment and Hygiene” category.
NEW YORK, NY / ACCESSWIRE / November 3, 2024 / If you suffered a loss on your ZoomInfo Technologies Inc. (NASDAQ:ZI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/zoominfo-technologies-inc-lawsuit-submission-form?prid=110504&wire=1 or contact Joseph E. Levi, Esq.
What type of business is ZoomInfo Technologies?
ZoomInfo Technologies Inc. is an American company that owns a marketing platform. It has been in operation since 2007. It was officially registered in November 2019 in the state of Delaware. The company owns the cloud-based analytical platform ZoomInfo, which is designed to improve the efficiency of sales and marketing departments and provides access to a database of 14 million companies. Using artificial intelligence and machine learning methods, the ZoomInfo platform processes billions of unprocessed data events and turns them into actionable insights. More than 202,000 users and over 15,000 companies use the platform to identify the best target customers, determine decision makers, receive constantly updated forecasts of potential customers and company assessments, track signals of purchase from target companies, create offers, and track progress throughout the entire deal cycle.
What sector is ZoomInfo Technologies in?
ZoomInfo Technologies is in the Technology sector
What industry is ZoomInfo Technologies in?
ZoomInfo Technologies is in the Software Application industry
What country is ZoomInfo Technologies from?
ZoomInfo Technologies is headquartered in United States
When did ZoomInfo Technologies go public?
ZoomInfo Technologies initial public offering (IPO) was on 04 June 2020
What is ZoomInfo Technologies website?
https://www.zoominfo.com
Is ZoomInfo Technologies in the S&P 500?
No, ZoomInfo Technologies is not included in the S&P 500 index
Is ZoomInfo Technologies in the NASDAQ 100?
No, ZoomInfo Technologies is not included in the NASDAQ 100 index
Is ZoomInfo Technologies in the Dow Jones?
No, ZoomInfo Technologies is not included in the Dow Jones index
When was ZoomInfo Technologies the previous earnings report?
No data
When does ZoomInfo Technologies earnings report?
The next expected earnings date for ZoomInfo Technologies is 12 February 2025