Zuora: Q3 Earnings Insights

Shares of Zuora ZUO moved higher by 1.6% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 83.33% year over year to ($0.01), which beat the estimate of ($0.05).

Revenue of $77,246,000 rose by 7.55% from the same period last year, which beat the estimate of $73,920,000.

Guidance

Zuora Sees Q4 Adj. EPS $(0.06)-$(0.05) vs $(0.05) Estimate, Sales $75M-$77M vs $74.3M Estimate; FY21 Adj. EPS $(0.14)-($0.13) vs $(0.16) Est., Sales $239.2M-$240.2M vs $297M Est.

How To Listen To The Conference Call

Date: Dec 03, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.zuora.com%2F&eventid=2629107&sessionid=1&key=4423358B66EF6EE6FA24A6777D417CC7&regTag=&sourcepage=register

Price Action

52-week high: $17.79

Company's 52-week low was at $6.21

Price action over last quarter: Up 4.99%

Company Profile

Zuora Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The firm offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. Its products include Zuora Billing, Zuora RevPro, Zuora CPQ, and Zuora Collect. Zuora caters to various industries comprising software, hardware, media, transportation, construction, healthcare, education, retail, Internet of Things, and others worldwide. Geographically, it derives a majority of revenue from the United States.