Recent Updates — GTM
ZoomInfo Technologies Inc. executed a memorandum of understanding on October 16, 2026, setting forth terms for a proposed $44 million settlement of a putative securities class action filed in the Western District of Washington. The complaint alleged false or misleading statements regarding business performance between November 2020 and August 2024. The payment is expected to be partially covered by insurance funds and requires preliminary and final court approval. This resolution does not impact related shareholder derivative suits, a direct action by opt-out investors, or an unrelated lawsuit filed in June 2026, all of which remain ongoing. ZoomInfo Technologies Inc. provides sales intelligence and engagement software solutions.
ZoomInfo Technologies Inc. reported second quarter 2026 financial results on August 5, 2026. GAAP revenue increased 1.2% year-over-year to $310.4 million. The company recorded a GAAP operating loss of $622.0 million due to a $650.5 million goodwill impairment charge, while adjusted operating income was $110.0 million. Cash flow from operations was $87.3 million and unlevered free cash flow was $107.3 million. The company repurchased 6.3 million shares for $28.2 million and retired $58.5 million in senior notes, recognizing an $11.0 million gain on debt extinguishment. ZoomInfo provided Q3 2026 GAAP revenue guidance of $298–$301 million and full-year adjusted operating income guidance of $446–$451 million. The company operates in the B2B data, intelligence, and go-to-market technology platform industry.
The Compensation Committee of the Board of Directors approved a performance-based cash bonus opportunity for Chief Financial Officer Michael Graham O’Brien. The target award is $500,000, contingent upon the company achieving fiscal year 2026 adjusted operating income goals. The actual payout is structured to range from 0% to 150% of the target value based on performance levels. ZoomInfo Technologies Inc. provides a go-to-market platform for business intelligence and data.