ZoomInfo Q2 GAAP net loss widens to $643.7 million; revenue rises 1.2% year-over-year to $310.4 million - ZI News | RalliesZoomInfo Q2 GAAP net loss widens to $643.7 million; revenue rises 1.2% year-over-year to $310.4 million
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ZI• ZoomInfo reports Q2 results and outlook
- ZoomInfo posted Q2 GAAP revenue of $310.4 million, up 1.2% year over year, while GAAP net loss widened to $643.7 million.
- GAAP operating loss widened to $622 million as results included a $650.5 million goodwill impairment charge.
- Non-GAAP adjusted operating income rose to $110 million, while non-GAAP adjusted diluted EPS increased to $0.28.
- Unlevered free cash flow increased to $107.3 million, while net revenue retention was 89%.
- Outlook calls for Q3 GAAP revenue of $298 million to $301 million, with FY GAAP revenue of $1.21 billion to $1.22 billion.
