ZoomInfo’s Q4 Earnings Outperform Expectations with Non-GAAP EPS of $0.24
May 2, 2023
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ZOOMINFO ($NASDAQ:ZI): Revenue of $300.7M was in line with estimates. ZoomInfo Technologies is a rapidly growing software-as-a-service company that combines the most comprehensive business information database with AI and machine learning technology to provide powerful insights to sales, marketing, and recruiting professionals. With its innovative technologies, ZoomInfo is revolutionizing the way companies acquire and manage customer data, drive conversion rates, and gain a competitive edge. ZoomInfo’s success can be attributed to its commitment to helping its customers make more informed decisions with more accurate data, enabling them to achieve greater success in their respective fields.
Market Price
On Monday, ZoomInfo Technologies announced its fourth quarter earnings, which significantly outperformed analyst expectations. As a result, the stock opened at $21.8 and closed at $21.7, down by 1.0% from last closing price of 21.9. The company has grown significantly over the past year, thanks to its innovative use of artificial intelligence and machine learning to integrate customer data from multiple sources and deliver meaningful insights to businesses. This is further evidence that its strategy of leveraging AI and machine learning to provide businesses with actionable insights is working.
Overall, ZoomInfo Technologies’ fourth quarter earnings report was well received by investors, with the stock price rising modestly after the announcement. As the company continues to grow, there is potential for further gains in the future. Live Quote…
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 |
| 1.1k | 63.2 | 6.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…
| Operations | Investing | Financing |
| 417 | -281.1 | -25.9 |
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 |
| 7.14k | 4.86k | 5.62 |
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 |
| 55.3% | 51.5% | 22.1% |
| FCF Margin | ROE | ROA |
| 35.3% | 6.8% | 2.1% |
Analysis
At GoodWhale, we have conducted an analysis of the fundamentals of ZOOMINFO TECHNOLOGIES for investors. After assessing the financial and business aspects, our Risk Rating has determined that ZOOMINFO TECHNOLOGIES is a medium risk investment. Our analysis has flagged 3 risk warnings in the income sheet, balance sheet, and cashflow statement of ZOOMINFO TECHNOLOGIES, which can be viewed by registering with us. We believe that investors should conduct a thorough review of these risks before deciding to invest in ZOOMINFO TECHNOLOGIES. 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. released its quarterly earnings report which showed that its non-GAAP earnings per share (EPS) was $0.24, beating analysts’ estimates by $0.02. Revenue for the quarter was $300.7 million, which was in line with expectations. Analysts had expected the company’s revenue to be up year-over-year.
However, due to the global pandemic and its impact on the economy, ZoomInfo’s revenue growth was relatively flat. Investors should keep an eye out for any new developments or announcements from the company in the coming months, as they could provide more insight into the company’s future performance.
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