ZoomInfo Technologies is a leading provider of go-to-market intelligence solutions for sales, marketing, and recruiting professionals
The company offers a comprehensive platform that combines data, insights, and technology to help businesses identify and engage with potential customers more effectively. With a vast database of company and contact information, ZoomInfo enables its users to streamline their prospecting efforts, enhance lead generation, and improve customer relationship management. By leveraging advanced analytics and artificial intelligence, their services empower organizations to make informed decisions and drive growth in an increasingly competitive landscape.
Shares of sales intelligence platform ZoomInfo
jumped 20.6% in the afternoon session after the company reported fourth-quarter 2024 results that highlighted a notable improvement in large contract wins, but sales declined 2% year on year. Despite the revenue dip, cost efficiencies helped sustain an adjusted operating margin of 37%, contributing to adjusted earnings per share that exceeded Wall Street's expectations.
Sales intelligence platform ZoomInfo beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 2.3% year on year to $309.1 million. Guidance for next quarter’s revenue was better than expected at $295.5 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $0.26 per share was 14.8% above analysts’ consensus estimates.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
ZoomInfo Technologies shares are trading higher in Tuesday's after-hours session on the heels of the company's fourth-quarter results. Here's a rundown of the report.
ZoomInfo (NASDAQZI), the Go-To-Market Intelligence platform, today announced the appointment of Rob Giglio to its Board of Directors, effective March 1, 2025. Giglio will serve on the Board’s Nominating and Corporate Governance Committee.
ZoomInfo, (NASDAQZI) the Go-To-Market Intelligence platform, today announced its financial results for the fourth quarter and full-year ended December 31, 2024.
Johnson Fistel, LLP announces that it is investigating whether certain directors and officers of ZoomInfo Technologies, Inc. (NASDAQZI) breached their fiduciary duties to ZoomInfo and its shareholders.
Tiger Global Management makes aggressive bets on high-growth tech companies and reduces stakes in insurance and healthcare amid regulatory uncertainties.
