ZoomInfo Q2 2022 Earnings Report
Key Takeaways
ZoomInfo announced its Q2 2022 financial results, reporting a revenue of $267.1 million, a 54% increase year-over-year. The company's operating income was $39.5 million, with a GAAP operating margin of 15%. Cash flow from operations reached $106.2 million, and unlevered free cash flow was $108.3 million.
Revenue reached $267.1 million, reflecting a 54% year-over-year increase.
Operating income was $39.5 million, with a GAAP operating income margin of 15%.
Cash flow from operations amounted to $106.2 million, and unlevered free cash flow was $108.3 million.
Closed the quarter with more than 30,000 customers and 1,763 customers with ACV greater than $100k.
ZoomInfo
ZoomInfo
Forward Guidance
Based on information available as of August 1, 2022, ZoomInfo is providing guidance for the third quarter and full year 2022.
Positive Outlook
- Q3 2022 GAAP Revenue: $277 - $279 million
- Q3 2022 Non-GAAP Adjusted Operating Income: $111 - $113 million
- Q3 2022 Non-GAAP Adjusted Net Income per share: $0.19 - $0.20
- FY 2022 GAAP Revenue: $1.08 - $1.09 billion
- FY 2022 Non-GAAP Adjusted Operating Income: $433 - $437 million
Challenges Ahead
- FY 2022 Non-GAAP Adjusted Net Income per share: $0.78 - $0.80
- FY 2022 Non-GAAP Unlevered Free Cash Flow: $438 - $446 million
- Q3 2022 Weighted Average Shares Outstanding: 412 million
- Prior FY 2022 GAAP Revenue: $1.06 - $1.07 billion
- Prior FY 2022 Non-GAAP Adjusted Operating Income: $418 - $424 million