ZoomInfo Announces First Quarter 2024 Financial Results
ZoomInfo Technologies Inc. (ZI)
Company Research
Source: Business Wire
GAAP Revenue of $310.1 million Grows 3% year-over-yearGAAP Operating Margin of 14% and Adjusted Operating Income Margin of 39%GAAP Cash Flow from Operations of $115.9 million and Unlevered Free Cash Flow of $122.7 million VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced its financial results for the first quarter ended March 31, 2024.“We delivered another quarter of revenue growth, with better-than-expected profitability, and stabilizing net revenue retention,” said Henry Schuck, ZoomInfo Founder and CEO. “Our team is innovating on the future of how companies will go-to-market with ZoomInfo Copilot, and we look forward to bringing this GenAI-powered solution to market shortly.”First Quarter 2024 Financial Highlights:Revenue of $310.1 million, an increase of 3% year-over-year.GAAP Operating income of $43.0 million and Adjusted operating income of $119.4 million.GAAP Operating income margin of 14
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News
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- Why ZoomInfo Technologies Stock Plunged by 21% This Week [Yahoo! Finance]Yahoo! Finance
- ZoomInfo Technologies Inc. (NASDAQ: ZI) had its price target lowered by analysts at Citigroup Inc. from $13.00 to $11.00. They now have a "sell" rating on the stock.MarketBeat
- ZoomInfo Sweeps All Six Eligible Categories in TrustRadius' Top Rated Awards for Customer Satisfaction [Yahoo! Finance]Yahoo! Finance
- ZoomInfo Sweeps All Six Eligible Categories in TrustRadius’ Top Rated Awards for Customer SatisfactionBusiness Wire
ZI
Earnings
- 5/7/24 - Beat
ZI
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- ZI's page on the SEC website