Link to full press release: https://ir.zoominfo.com/news-releases/news-release-details/z…
ZoomInfo Announces Second Quarter 2021 Financial Results
Aug 02, 2021
GAAP Revenue of $174.0 million Grows 57% year-over-year
GAAP Operating Margin of 24% and Adjusted Operating Income Margin of 43%
Cash Flow from Operations of $88.6 million and Unlevered Free Cash Flow of $91.8 million
VANCOUVER, Wash.–(BUSINESS WIRE)–Aug. 2, 2021-- ZoomInfo, (NASDAQ: ZI) a global leader in modern go-to-market software, data, and intelligence, today announced its financial results for the second quarter ended June 30, 2021.
"ZoomInfo delivered another record quarter, including the highest levels ever for both retention activity and customer engagement, and accelerating revenue growth, as customers in all industries continue to choose ZoomInfo to transform their go-to-market motion,” said Henry Schuck, ZoomInfo Founder and CEO. “ZoomInfo is the only company delivering a modern go-to-market platform that brings together best-in-class intelligence with comprehensive data management, workflow, and engagement software.”
Second Quarter 2021 Financial and Other Recent Highlights -
Revenue of $174.0 million, an increase of 57% year-over-year.
Operating income of $40.9 million and Adjusted Operating Income of $75.8 million.
GAAP operating income margin of 24% and Adjusted Operating Income Margin of 43%.
Cash flow from operations of $88.6 million and Unlevered Free Cash Flow of $91.8 million.
Business and Operating Highlights:
Acquired Chorus.ai, a leader in Conversation Intelligence that enables insight-driven targeting, coaching, and decision-making for go-to-market teams, in July 2021.
Acquired Insent.ai, a solution that identifies website visitors in real time, uses artificial intelligence and advanced lead routing rules to initiate real-time conversations.
Launched the Business Contract Preference Registry (BCPR), a global database of opt-out requests processed by ZoomInfo available to other business-to-business (B2B) data providers. The BCPR is the latest in the company’s efforts to elevate privacy standards across the B2B data industry.
Announced that ZoomInfo joined the Snowflake Data Marketplace. Customers can use Snowflake’s platform to integrate ZoomInfo’s industry-leading company and business contact data into their technology stacks—with no additional integration or extract transform load required.
Appeared on a total of 43 G2 Grid Reports, with a ZoomInfo record 27 No. 1 rankings in G2’s Summer 2021 Grid Reports. ZoomInfo was named number one in Overall Sales Intelligence, Lead Capture, Lead Intelligence, Market Intelligence, Marketing Account Intelligence, and more.
Issued $300 million of 3.875% add-on senior notes due 2029 and $200 million of add-on Term Loan B at L+300 with a maturity of February 2026, in July 2021.
Closed the quarter with more than 1,100 customers with $100,000 or greater in annual contract value.