VANCOUVER, Wash.–(BUSINESS WIRE)–ZoomInfo, (NASDAQ: ZI) a global leader in modern go-to-market software, data, and intelligence, today announced its financial results for the third quarter ended September 30, 2022.
“As a best-in-class high-growth software company with strong profitability, our customers are looking to us for best practices on how to grow efficiently – we do that by leveraging ZoomInfo’s data, insights, and automation,” said Henry Schuck, ZoomInfo Founder and CEO. “We drive a quick and measurable ROI for customers and our innovative platform scales with them. As a result, we delivered another quarter of record revenue and profitability, as we are quickly becoming the go-to-market platform of choice for B2B companies looking to drive efficient growth.”
Third Quarter 2022 Financial and Other Recent Highlights –
Financial Highlights:
Revenue of $287.6 million, an increase of 46% year-over-year.
Operating income of $51.8 million and Adjusted Operating Income of $118.4 million.
GAAP operating income margin of 18% and Adjusted Operating Income Margin of 41%.
Cash flow from operations of $85.7 million and Unlevered Free Cash Flow of $99.8 million.
Business and Operating Highlights:
Renewed the TRUSTe Enterprise Privacy Seal for the third consecutive year and joined the global software security sharing nonprofit SAFECode. The TRUSTe certification criteria is based upon globally recognized laws and regulatory standards, including the General Data Protection Regulation (GDPR) and the International Organization for Standardization (ISO) 27001 standard. As an associate member of SAFECode, ZoomInfo manages its software security in alignment with the security industry’s highest standards and shares best practices with SAFECode’s global members.
Continued investment in machine learning, data acquisition, and enhanced location-based data matching technologies increased ZoomInfo data coverage:
ZoomInfo’s global contact…..
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