Zoominfo Technologies Stock Fair Value Calculator – ZOOMINFO TECHNOLOGIES Reports 15.5% Increase in Revenue for Q2 of FY2023

☀️Earnings Overview

On July 31 2023, ZOOMINFO TECHNOLOGIES ($NASDAQ:ZI) reported their second quarter of FY2023 earnings results: USD 308.6 million in total revenue, a 15.5% year-on-year increase, and USD 38.1 million in net income, a remarkable 139.6% increase from the same period the previous fiscal year.

Analysis – Zoominfo Technologies Stock Fair Value Calculator

GoodWhale recently conducted an analysis of ZOOMINFO TECHNOLOGIES‘ wellbeing. After reviewing the company’s financials, its proprietary Valuation Line determined the fair value of a ZOOMINFO TECHNOLOGIES share to be around $49.6. However, ZOOMINFO TECHNOLOGIES stock is currently being traded at $25.6, undervalued by 48.4%. This discrepancy indicates that there may be an investment opportunity for those who are able to capitalize on it. The team at GoodWhale is continuing to monitor the stock’s performance in order to provide timely updates and recommendations on the best ways to invest in ZOOMINFO TECHNOLOGIES. We believe that investors should take advantage of this potential investment opportunity, as the discounted price of the stock could present a significant financial gain in the near future. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Zoominfo Technologies are shown below. More…

Peers

Its competitors include Salesforce Inc, Snowflake Inc, Microsoft Corp.

– Salesforce Inc ($NYSE:CRM)

Salesforce is a cloud-based customer relationship management software company. They offer a variety of software solutions for businesses of all sizes, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and more. Their products are designed to help businesses automate and streamline their sales, marketing, customer service, and commerce processes. Salesforce has a market cap of $162.59B as of 2022 and a Return on Equity of 0.08%.

– Snowflake Inc ($NYSE:SNOW)

Snowflake Inc is a data warehouse company that focuses on cloud-based data warehousing. The company has a market cap of 51.3B as of 2022 and a Return on Equity of -8.11%. Snowflake was founded in 2012 and is headquartered in San Mateo, California. The company went public in September 2020.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of 1.7 trillion as of April 2021. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of tablets, laptops, and desktop computers. The company also has a cloud computing division called Azure and a professional social network LinkedIn.

Summary

ZOOMINFO TECHNOLOGIES has achieved strong second quarter earnings in FY2023 with total revenue of USD 308.6 million and net income of USD 38.1 million. This is a marked 15.5% growth in revenue and 139.6% growth in net income compared to the same quarter in FY2022. This positive performance is indicative of the company’s sound investments in its business, and investors should consider buying stock in ZOOMINFO TECHNOLOGIES for potential long-term financial returns. With robust financials despite tough competition, investors should remain optimistic on the company’s outlook and performance moving forward.