ZoomInfo Technologies Reports EPS of $0.23, Closes at $26.69 Up 2.07%
June 22, 2023
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ZOOMINFO ($NASDAQ:ZI): ZoomInfo Technologies Inc. is a publicly traded technology company specializing in identity resolution and data aggregation. The company’s products enable customers to gain valuable insights into their customers, prospects, partners, and competition, allowing them to make informed decisions about their business. This quarter, ZoomInfo Technologies Inc. is anticipated to have an EPS of $0.23. In the most recent session, ZoomInfo Technologies Inc. ended trading at $26.69, which represents a 2.07% increase from its prior closing value of $26.15. This positive news has investors hopeful about the company’s future success. The company has been making considerable efforts to expand its presence in the technology industry. They have acquired several companies over the past few years and developed new products and services to meet the needs of their customers.
Additionally, they have made significant investments in their data processing and data-driven marketing solutions. As ZoomInfo Technologies continues to grow and innovate, it is likely that their stock price will continue to rise. This positive news and the potential for continued growth has investors feeling confident in the future of ZoomInfo Technologies Inc.
Earnings
ZOOMINFO TECHNOLOGIES released its earnings report for FY2023 Q1 ending March 31 2021, reporting a total revenue of 153.3M USD and a net income of 3.2M USD. This marks a 36.6% decrease in total revenue and a 48.4% decrease in net income compared to the previous year. However, the company has seen substantial growth in the past 3 years, with total revenue increasing from 153.3M USD to 300.7M USD. On the stock market, the company closed at 26.69 USD, up 2.07%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.16k | 101.5 | 9.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…
| Operations | Investing | Financing |
| 420.6 | -292.1 | -44.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.17k | 4.85k | 5.75 |
Key Ratios Snapshot
Some of the financial key ratios for Zoominfo Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 50.3% | 45.3% | 25.0% |
| FCF Margin | ROE | ROA |
| 33.9% | 7.9% | 2.5% |
Analysis
At GoodWhale, we’ve conducted a detailed analysis of the fundamentals of ZOOMINFO TECHNOLOGIES to give investors an insight into the company’s financial health. According to our analysis, ZOOMINFO TECHNOLOGIES is a medium risk investment overall, with 3 risk warnings detected in its income sheet, balance sheet, and cashflow statement. Our analysis takes into account a range of factors, such as financial ratios and metrics, to give investors the best possible overview of ZOOMINFO TECHNOLOGIES’ financial standing. If you’re interested in seeing what these risk warnings may be, simply register with GoodWhale and you’ll be able to check it out for yourself. With this information, you can make a more informed decision about whether or not ZOOMINFO TECHNOLOGIES is the right investment for you. 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 Inc. (ZOOM) is expected to report earnings per share (EPS) of $0.23 for the current quarter, which is a positive indicator for the future performance of the company. The stock has shown a strong performance in the latest session, closing at $26.69, a 2.07% increase from its previous closing price of $26.15. Investors looking to invest in ZOOM should be encouraged by the company’s recent growth and positive prospects for future success. Furthermore, analysts recommend that investors consider ZOOM as a long-term investment, as the company is likely to continue to experience growth and profitability in the near future.
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