ZoomInfo Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
GTM$3.51+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| ZoomInfo Technologies Inc. | ||||
|---|---|---|---|---|
| Consolidated Statements of Operations | ||||
| (in millions, except per share amounts; unaudited) | ||||
| Three Months Ended June 30, | Six Months Ended June 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $291.5 | $308.6 | $601.6 | $609.3 |
| Cost of service: | ||||
| Cost of service(1) | 36.3 | 34.1 | 70.2 | 69.1 |
| Amortization of acquired technology | 9.6 | 9.5 | 19.1 | 20.0 |
| Gross profit | $245.6 | $265.0 | $512.3 | $520.2 |
| Operating expenses: | ||||
| Sales and marketing(1) | 100.5 | 104.5 | 200.1 | 207.7 |
| Research and development(1) | 48.3 | 53.3 | 92.0 | 95.6 |
| General and administrative(1) | 111.3 | 42.1 | 186.4 | 79.9 |
| Amortization of other acquired intangibles | 5.5 | 5.5 | 10.8 | 11.1 |
| Total operating expenses | $265.6 | $205.4 | $489.3 | $394.3 |
| Income (loss) from operations | $(20.0) | $59.6 | $23.0 | $125.9 |
| Interest expense, net | 9.8 | 12.0 | 19.9 | 21.9 |
| Loss on debt modification and extinguishment | 0.7 | — | 0.7 | 2.2 |
| Other income, net | (5.9) | (7.1) | (2.5) | (21.1) |
| Income (loss) before income taxes | $(24.6) | $54.7 | $4.9 | $122.9 |
| Provision (benefit) for income taxes | (0.2) | 16.6 | 14.2 | 40.3 |
| Net income (loss) | $(24.4) | $38.1 | $(9.3) | $82.6 |
| Net income (loss) per share of common stock: | ||||
| Basic | $(0.07) | $0.09 | $(0.02) | $0.21 |
| Diluted | (0.07) | 0.09 | (0.02) | 0.21 |
(1)Amounts include equity-based compensation expense, as follows:
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Cost of service | $2.7 | $3.4 | $5.2 | $7.5 |
| Sales and marketing | 14.0 | 17.6 | 25.8 | 37.1 |
| Research and development | 10.2 | 15.4 | 19.0 | 22.3 |
| General and administrative | 9.5 | 9.9 | 17.6 | 17.1 |
| Total equity-based compensation expense | $36.4 | $46.3 | $67.6 | $84.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.