ZoomInfo reports Q3 2024 earnings beat with 17% jump in free cash flow, stock rises 4%.

ZoomInfo Technologies reported strong Q3 2024 results with adjusted operating income at $112 million, up 17% year over year in unlevered free cash flow. The company exceeded expectations with its Copilot and saw a 12% growth in its $100,000 customer cohort. Despite analyst downgrades and a "Hold" consensus rating, the stock rose 4% to $13.16 on Tuesday. ZoomInfo aims to grow shareholder value through continued growth and free cash flow improvements.

November 12, 2024
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