ZoomInfo's Growth Momentum Continues into 2022 with Impressive Revenue Projections

As the year comes to a close, ZoomInfo, a leading provider of go-to-market intelligence solutions, is showing no signs of slowing down its growth momentum. The company's stock, which trades on the Nasdaq under the ZI ticker symbol, closed up 6.2 percent in trading Tuesday at $58.78 a share, reflecting investor confidence in its future prospects.

In a recent statement, ZoomInfo CEO Kevin Schuck highlighted the company's impressive performance, attributing it to its ability to execute across multiple initiatives. 'We expect our momentum across all of these initiatives to continue into 2022 with our initial guidance for the year calling for revenue growth of 36 percent,' said Schuck.

One key area driving ZoomInfo's growth is its international expansion. The company announced a global expansion into Europe earlier this year, marking a significant milestone in its efforts to become a truly global player. Additionally, ZoomInfo has partnered with Google Cloud, launched a new account-based marketing platform, and licensed its data-as-a-service platform to U.S. government agencies.

The acquisition of Chorus.ai and subsequent growth and development of it have also been instrumental in driving ZoomInfo's success. As Schuck noted, 'We have consistently proven our ability to acquire wealth, integrate quickly, innovate on top of and accelerate the growth rates of the companies we acquire.' The acquisition has enabled ZoomInfo to become the fastest-growing conversation intelligence provider in the market.

The company's recent moves have been nothing short of impressive. Earlier this year, ZoomInfo acquired two companies, Chorus.ai and RingLead, which have proven to be beneficial for the Vancouver-based firm. These strategic acquisitions have not only expanded ZoomInfo's capabilities but also strengthened its position in the market.

As ZoomInfo looks ahead to 2022, it is clear that the company is poised for continued growth and success. With a strong track record of execution and a robust pipeline of initiatives, investors are likely to continue to support the company's stock price. As Schuck noted, 'We expect our momentum across all of these initiatives to continue into 2022,' and with its impressive revenue projections, it appears that ZoomInfo is well on its way to achieving just that.

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