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ZOOMINFO TECHNOLOGIES INC.

(ZI)
  Report
Delayed Nasdaq  -  04:00 2022-12-09 pm EST
29.04 USD   +1.89%
12/08Mizuho Securities Lowers Price Target on ZoomInfo Technologies to $45 From $50, Maintains Buy Rating
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12/07Morgan Stanley Adjusts ZoomInfo Technologies' Price Target to $38 From $60, Keeps Overweight Rating
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12/06Transcript : ZoomInfo Technologies Inc. Presents at NASDAQ 47th Investor Conference, Dec-06-2022 12:14 PM
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ZoomInfo Hires Andrew Riesenfeld as Senior Vice President of Business Development

09/20/2022 | 09:07am EST

Veteran Silicon Valley SaaS Advisor and Investor Will Lead the Company’s Sales Development and Sales Enablement Functions

ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data, and intelligence, today announced it has hired Andrew Riesenfeld as Senior Vice President of Business Development.

Riesenfeld will lead the sales development and sales enablement teams, and prioritize redefining ZoomInfo’s go-to-market processes, playbooks, and training programs to drive continued scale and success.

“I’m thrilled to welcome Andrew as we continue to expand our go-to-market platform and grow as an organization,” said Henry Schuck, ZoomInfo Founder and CEO. “Over my career, I’ve had the opportunity to meet some of the best SaaS sales leaders in the world. Three years ago, when I met Andrew, I knew immediately that his skills and abilities were unique and best-in-class. There are few SaaS industry leaders who are as well-connected, well-respected, and well-versed as Andrew. His expertise will have an immediate and long lasting impact on ZoomInfo.”

“As a ZoomInfo customer, I’ve seen firsthand the material gains in efficiency and effectiveness from the industry’s leading go-to-market platform,” said Riesenfeld. “Since its IPO, ZoomInfo has become the go-to software for high-quality data and intelligence for orchestrating workflows across sales, marketing, operations, and recruiting channels. I am both humbled and excited to help our customers hit their number and our employees to be difference makers.”

Riesenfeld brings more than a decade of SaaS leadership experience. He joins ZoomInfo from DocuSign, where he served as Vice President of Go-To-Market Operations and Productivity. He helped scale the company from $200 million to $2.5 billion in revenue, which included the company’s IPO. Prior to DocuSign, Riesenfeld helped lead two other SaaS companies – Responsys and Heighten – to acquisitions by Oracle and LinkedIn Microsoft, respectively.

ZoomInfo’s integrated sales, marketing and recruiting software and intelligence helps businesses target, engage, and convert their ideal companies and prospects. For more information about ZoomInfo, please visit ZoomInfo.com.

About ZoomInfo

ZoomInfo (NASDAQ: ZI) is a leader in modern go-to-market software, data, and intelligence for more than 30,000 companies worldwide. ZoomInfo’s revenue operating system, RevOS, empowers business-to-business sales, marketing, operations, and recruiting professionals to hit their number by pairing best-in-class technology with unrivaled data coverage, accuracy, and depth of company and contact information. With integrations embedded into workflows and technology stacks, including the leading CRM, Sales Engagement, Marketing Automation, and Talent Management applications, ZoomInfo drives more predictable, accelerated, and sustainable growth for its customers. ZoomInfo emphasizes GDPR and CCPA compliance. In addition to creating the industry’s first proactive notice program, the company is a registered data broker with the states of California and Vermont. Read about ZoomInfo’s commitment to compliance, privacy, and security. For more information about ZoomInfo’s leading go-to-market software, data, and intelligence, and how they help sales, marketing, operations, and recruiting professionals, please visit www.zoominfo.com.


ę Business Wire 2022
All news about ZOOMINFO TECHNOLOGIES INC.
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Analyst Recommendations on ZOOMINFO TECHNOLOGIES INC.
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Financials (USD)
Sales 2022 1 097 M - -
Net income 2022 69,6 M - -
Net Debt 2022 768 M - -
P/E ratio 2022 176x
Yield 2022 -
Capitalization 11 722 M 11 722 M -
EV / Sales 2022 11,4x
EV / Sales 2023 8,95x
Nbr of Employees 2 742
Free-Float 73,3%
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 20
Last Close Price 29,04 $
Average target price 45,53 $
Spread / Average Target 56,8%
EPS Revisions
Managers and Directors
Henry L. Schuck Chairman & Chief Executive Officer
Chris Hays President & Chief Operating Officer
P. Cameron Hyzer Chief Financial Officer
Nir Keren Chief Technology Officer
Chetna Mahajan Chief Information Officer
Sector and Competitors