NASDAQ$GTM

ZoomInfo Technologies Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

ZoomInfo reported exceptional Q3 results, marked by accelerating revenue growth and robust free cash flow generation.

ZoomInfo announced its Q3 2021 financial results, reporting a revenue of $197.6 million, a 60% increase year-over-year. The company's operating income was $20.2 million, with a GAAP operating margin of 10%. Cash flow from operations reached $46.5 million, and unlevered free cash flow was $73.3 million.

  • Revenue increased by 60% year-over-year, reaching $197.6 million.
  • Operating income was $20.2 million, with a GAAP operating margin of 10%.
  • Cash flow from operations was $46.5 million and Unlevered Free Cash Flow was $73.3 million.
  • Acquired RingLead, a provider of data orchestration and revenue operations automation.

Headline financials

Total Revenue

$198M

Previous: $123M+60.1%
EPS (adj)

$0.13

Previous: $0.11+18.2%
Customers with $100k+ ACV

1.3K

Previous: 720+73.6%
Free Cash Flow

-$40.6M

Previous: $4.9M-928.6%
Net Income

-$40.6M

Previous: $4.9M-928.6%
Operating Income

$20.2M

Previous: $18.4M+9.8%
Gross Profit

$160M

Previous: $96.7M+65.1%
Cash & Equivalents

$197M

Previous: $305M-35.5%
Total Assets

$6.61B

Previous: $2.05B+222.6%
Stock-Based Comp

$24.5M

Previous: $28.4M-13.7%

Revenue & EPS history

ZoomInfo · Revenue · Quarterly

$198M

Q3 2021+60.1%vs Q3 2020
Beat estimate in 10 of 10 quarters(100%)
ActualEstimate

Forward guidance

Based on information available as of November 1, 2021, ZoomInfo is providing guidance for the fourth quarter and full year 2021.

Tailwinds

  • Q4 2021 GAAP Revenue: $206 - $208 million
  • FY 2021 GAAP Revenue: $731 - $733 million
  • Q4 2021 Non-GAAP Adjusted Operating Income: $79 - $81 million
  • FY 2021 Non-GAAP Adjusted Operating Income: $299 - $301 million
  • Q4 2021 Non-GAAP Adjusted Net Income per share: $0.12 - $0.13

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-4.8%

Avg return

Earnings day

-7.1%

Avg return

5 days after

-8.1%

Avg return

30 days after

39%

9 / 23 earnings

Positive

+23.1%

Q4 2024

Best reaction

-30.8%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.2%-39.5%
Q4 2025-9.4%-13.1%-18.0%
Q3 2025-1.2%-10.4%-16.0%
Q1 2025-2.9%-1.1%-3.1%
Q4 2024+23.1%+21.1%+5.5%
Q3 2024-16.8%-19.1%-16.1%
Q2 2024-23.1%-13.5%-5.7%
Q1 2024-27.0%-23.2%-25.6%
Q4 2023+19.0%+13.6%+6.2%
Q3 2023-15.5%-11.1%-7.3%
Q2 2023-27.6%-28.2%-31.0%
Q1 2023+0.3%-6.2%+12.9%
Q4 2022+4.0%-11.2%-15.3%
Q3 2022-30.8%-34.2%-35.1%
Q2 2022+10.8%+26.0%+19.9%
Q1 2022+9.7%-1.4%-13.7%
Q4 2021+1.6%-5.1%+3.8%
Q3 2021+3.7%+9.6%-11.7%
Q2 2021+5.1%+20.1%+20.9%
Q1 2021-6.6%-17.1%-16.1%
Q4 2020-2.4%-4.2%-0.6%
Q3 2020-3.8%+1.4%-3.0%
Q2 2020-15.4%-15.7%-28.4%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018

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