NASDAQ$GTM
ZoomInfo Technologies Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
ZoomInfo's fourth quarter results for 2023 showed revenue growth and profitability.
ZoomInfo reported GAAP revenue of $316.4 million, a 5% increase year-over-year, and a GAAP operating income of $70.5 million for Q4 2023. The company's GAAP cash flow from operations was $128.8 million, and unlevered free cash flow was $126.0 million. ZoomInfo introduced ZoomInfo Copilot, a GenAI-powered solution.
- GAAP Revenue increased to $316.4 million, a 5% increase year-over-year.
- GAAP Operating Income reached $70.5 million, and Adjusted Operating Income was $126.5 million.
- GAAP Operating Income Margin was 22%, and Adjusted Operating Income Margin was 40%.
- GAAP Cash Flow from Operations amounted to $128.8 million, with Unlevered Free Cash Flow at $126.0 million.
Headline financials
Revenue & EPS history
ZoomInfo · Revenue · Quarterly
$316M
Forward guidance
ZoomInfo is providing guidance for the first quarter and full-year 2024.
Tailwinds
- Q1 2024 GAAP Revenue: $307 - $310 million
- FY 2024 GAAP Revenue: $1.26 - $1.28 billion
- Q1 2024 Non-GAAP Adjusted Operating Income: $115 - $117 million
- FY 2024 Non-GAAP Adjusted Operating Income: $492 - $502 million
- Q1 2024 Non-GAAP Adjusted Net Income per share: $0.23 - $0.24
Headwinds
- FY 2024 Non-GAAP Adjusted Net Income per share: $0.99 - $1.01
- FY 2024 Non-GAAP Unlevered Free Cash Flow: $445 - $465 million
- Q1 2024 Weighted Average Shares Outstanding: 396 million
- FY 2024 Weighted Average Shares Outstanding: 399 million
- Not guiding Q1 2024 Non-GAAP Unlevered Free Cash Flow
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 Q4 2023
-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
| Quarter | Report date | Reaction (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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