Shares of ZoomInfo (ZI 14.36%) soared 14.4% on Tuesday after the business data platform provider announced strong quarterly results.Zoominfo's fourth-quarter 2023 revenue grew 5% year over year to $316.4 million, translating to non-GAAP (adjusted) net income of $0.26 per share. Analysts, on average, were only modeling earnings of $0.25 per share on slightly lower revenue.ZoomInfo leans into its AI advantageZoomInfo Founder and CEO Henry Schuck noted that the company remains comfortably cash-flow positive, d ...

Key TakeawaysZoomInfo shares rose sharply on Tuesday after the company delivered better-than-expected fourth-quarter results and highlighted its recently launched generative AI-powered solution, ZoomInfo Copilot.The company said it ended the quarter with 1,820 customers that generated at least $100,000 in annual contract value.ZoomInfo shares may turn bullish if the price breaks above a multi-month downtrend line, currently sitting near $21.50. ZoomInfo Technologies Inc. Source: TradingView.com.Shares in ...

ZoomInfo Technologies Inc. (NASDAQ:ZI) Q4 2023 Earnings Conference Call February 12, 2024 4:30 PM ET Company Participants Jerry Sisitsky - Investor Relations Henry Schuck - Founder and Chief Executive Officer Cameron Hyzer - Chief Financial Officer Conference Call Participants Mark Murphy - J.P. Morgan Koji Ikeda - Bank of America Kash Rangan - Goldman Sachs Surinder Thind - Jefferies DJ Hynes - Canaccord Genuity Brian Peterson - Raymond James Siti Panigrahi - Mizuho Elizabeth Porter - Morgan Stanley Brad Z ...

ZoomInfo (ZI) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this company would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of 8.33%.Over the last four quarters, the company has surpassed ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider ZoomInfo (ZI) . This company, which is in the Zacks Computer - Integrated Systems industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.69%, on average, in the last two quarters ...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: ZI), the go-to-market platform to find, acquire, and grow customers, today announced ZoomInfo Copilot, an AI-powered solution that turns every seller into your best seller. Selling has never been more complex, but the best salespeople still find a way to succeed. ZoomInfo Copilot unifies a company’s go-to-market (GTM) data — including first-party CRM data and ZoomInfo’s best-in-class data — and applies generative AI to sift through the noise and identi ...

Shares of ZoomInfo (ZI 6.11%) rallied 6.1% on Monday after a notable analyst upgrade for the contact and business information-platform provider ahead of its upcoming quarterly report.Why this analyst thinks ZoomInfo is "best of breed"In a note to clients this morning, Bank of America analyst Koji Ikeda raised the firm's rating on ZoomInfo stock to buy from neutral. Ikeda also increased his 12-month price target on ZoomInfo from $20 per share to $25 -- a roughly 48% premium even after today's pop.Ikeda admit ...

bymuratdeniz2023 was the year of artificial intelligence (AI). And this is continuing into 2024. But I'm looking for companies set to benefit from the proliferation of AI that haven't taken off yet. One such company is ZoomInfo (NASDAQ:ZI). ZI's business-to-business (B2B) contact database is the biggest and most up-to-date in the world. And this data will be imperative for marketing and sales teams to use in their generative AI models. The Fuel of AI Data fuels AI. Without data, AI models could not be t ...

Helping businesses find, acquire, and grow customers, ZoomInfo Technologies (ZI 0.51%) and its business-to-business data platform has been on an absolute roller-coaster ride in its first few years as a public company. After making it through what might've been one of the worst possible times to go public in June 2020, ZoomInfo's stock rocketed to new all-time highs by 2021.Bolstered by low interest rates and a venture capital market asking businesses to grow at all costs, ZoomInfo's sales-growth-focused pla ...

JHVEPhoto/iStock Editorial via Getty ImagesAn unpleasant artifact of the tech boom-is it ready to regenerate? First, a bit of mea culpa here. I have been a partisan of ZoomInfo (NASDAQ:ZI) shares for some time now, and have the bloodied countenance to prove it. I was mesmerized by the opportunity to really automate the B to B sales process and ignored the glaring issue of sector concentration. And then I was further mesmerized by what looked to be a compressed valuation and ignored the rather obvious fa ...