ZoomInfo Technologies, Inc. ( (ZI) ) has released its Q4 earnings. Here is a breakdown of the information ZoomInfo Technologies, Inc. presented to its investors.
ZoomInfo Technologies, Inc. is a leading Go-To-Market Intelligence platform that provides businesses with AI-driven insights and data to accelerate revenue growth, serving over 35,000 companies globally with a focus on data privacy and compliance.
ZoomInfo recently released its financial results for the fourth quarter and full-year 2024, highlighting a slight decline in revenue but showcasing strong operational improvements. The company emphasized its commitment to AI innovation and customer success, which has positively impacted its financial performance.
Key financial metrics for the fourth quarter of 2024 included a GAAP revenue of $309.1 million, a 2% decrease year-over-year, and a GAAP operating income of $30.9 million. Despite the revenue decline, ZoomInfo reported an adjusted operating income of $115.9 million and an adjusted operating income margin of 37%. For the full year, the company achieved a GAAP revenue of $1,214.3 million and an adjusted operating income of $428.5 million.
ZoomInfo also reported significant business achievements, such as a 91% improvement in connect rates for sales teams using its platform and a 55% increase in booked meetings per month. The company closed the year with 1,867 customers having annual contract values of $100,000 or more, marking a notable increase from the previous year.
Looking ahead, ZoomInfo’s management remains optimistic about 2025, with revenue guidance set between $1.185 billion and $1.205 billion. The company plans to continue leveraging its AI capabilities and operational enhancements to drive further growth and profitability.