ZoomInfo

Nov 12, 2024

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Sep 30, 2024

ZoomInfo Q3 2024 Earnings Report

ZoomInfo's financial performance in Q3 2024 reflected a move up-market, driven by ZoomInfo Copilot and Operations growth, with strong financial results and improved customer quality.

Key Takeaways

ZoomInfo reported a GAAP revenue of $303.6 million, a decrease of 3% year-over-year. The company's GAAP operating income was $43.5 million, with an adjusted operating income of $111.7 million. They closed the quarter with 1,809 customers with $100,000 or greater in annual contract value, an increase of 12 from the prior quarter.

GAAP revenue was $303.6 million, a 3% decrease year-over-year.

GAAP operating income was $43.5 million, and adjusted operating income was $111.7 million.

The company had 1,809 customers with $100,000 or greater in annual contract value, an increase of 12 from the prior quarter.

Unlevered free cash flow was $110.7 million, a 17% increase year-over-year.