ZoomInfo Technologies (NASDAQ: ZI) stock soared more than 20% in Wednesday afternoon trading after the company delivered fourth-quarter earnings that beat Wall Street expectations.
For the fourth quarter, the business intelligence firm posted earnings per share (EPS) of $0.26, topping the analyst estimate of $0.23. Revenue for the period reached $309.1 million, well above the expected $297.66 million.
Looking into 2025, ZoomInfo offered guidance that kept the momentum going. The company expects first-quarter EPS to land between $0.22 and $0.23, matching or slightly topping the analyst consensus of $0.22. It also projects Q1 revenue to fall between $294 million and $297 million, ahead of the $292.6 million Wall Street had forecasted.
For the full year 2025, ZoomInfo sees EPS ranging from $0.95 to $0.97, beating the consensus estimate of $0.92. Full-year revenue is anticipated to hit between $1.19 billion and $1.21 billion, outpacing the analyst prediction of $1.18 billion.
The earnings news wasn’t the only development catching attention. ZoomInfo recently announced a change to its Board of Directors. Rob Giglio, a seasoned executive with over 20 years in marketing and sales, will join the board effective March 1, 2025. Giglio will also take a seat on the Nominating and Corporate Governance Committee. His appointment follows the resignation of Patrick McCarter, who will step down on February 28, 2025, after serving eight years.
Rob Giglio brings a wealth of experience to the table. He currently serves as Chief Customer Officer at Canva, a fast-growing design platform. Before that, he held the same title at HubSpot (NYSE: HUBS) and worked as Chief Marketing Officer at DocuSign (NASDAQ: DOCU). Giglio also spent 11 years at Adobe (NASDAQ: ADBE), where he led the global sales and go-to-market team.
The combination of standout Q4 results, a promising 2025 outlook, and a high-profile board addition sent ZoomInfo (NASDAQ: ZI) stock soaring. Investors appear confident in the company’s trajectory as it strengthens its position in the competitive business data industry.
