ZoomInfo (ZI) leaps 23% after better-than-feared Q4 results; Jefferies ups estimates

Go back to ZoomInfo (ZI) leaps 23% after better-than-feared Q4 results; Jefferies ups estimates

ZoomInfo Announces Fourth Quarter and Full-Year 2023 Financial Results

February 12, 2024 4:05 PM EST

Fourth Quarter GAAP Revenue of $316.4 million Grows 5% year-over-year

Fourth Quarter GAAP Operating Income Margin of 22% and Adjusted Operating Income Margin of 40%

Fourth Quarter GAAP Cash Flow from Operations of $128.8 million and Unlevered Free Cash Flow of $126.0 million

VANCOUVER, Wash.--(BUSINESS WIRE)-- ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced its financial results for the fourth quarter and full-year ended December 31, 2023.

We ended the year strong, with better-than-expected sequential revenue growth, while we delivered... More