earnings
confidence high
sentiment negative
materiality 0.85
ZoomInfo Q2 revenue $310.4M (+1.2% YoY); GAAP operating loss $622M on $650.5M goodwill impairment
ZoomInfo Technologies Inc.
- GAAP operating loss of $622.0M includes $650.5M goodwill impairment; adjusted operating income $110.0M (35% margin).
- Adjusted EPS $0.28; GAAP net loss per share $(2.19).
- Customers with $100k+ ACV: 1,891 (down 9 QoQ, up 9 YoY); net revenue retention rate 89%.
- Repurchased 6.3M shares for $28.2M at avg $4.51; also repurchased $58.5M principal of Senior Notes for $47.9M.
- Upmarket ACV grew 3% YoY, representing 76% of total ACV.