Vancouver-based advertising and marketing info firm ZoomInfo introduced that it has reached its highest retention fee and retention, closing the final quarter with greater than 1,100 clients with annual contract values of $ 100,000 or extra.
Income for the quarter was $ 174 million, up 57 % from a yr earlier, the corporate stated.
It reported an working earnings of $ 40.9 million and an adjusted working earnings of $ 75.8 million.
“ZoomInfo delivered one other document quarter together with the very best retention exercise and retention charges ever, and accelerated income progress as clients in all industries proceed to decide on ZoomInfo to remodel their go-to-market motion,” stated Henry Schuck, ZoomInfo founder and chief govt officer in an announcement.
ZoomInfo acquired two firms within the second quarter: Refrain.ai, a dialog intelligence firm in July; and Insent.ai, an organization that identifies web site guests in actual time, makes use of synthetic intelligence and “superior lead routing guidelines” to provoke real-time conversations.
The corporate’s inventory ended the day on Monday at $ 54.78 per share, up 21.52 % yr over yr.
Its headquarters in Broadway Constructing 805 has one of many largest workforces in downtown Vancouver. The corporate’s inventory was listed on the Nasdaq inventory change in June 2020.
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