— Cloud-based software company Zuora (NYSE: ZOU) reported an adjusted net loss of $0.06 per share for the third quarter of 2020, vs. $0.09 per share loss expected.
— Unadjusted net loss attributable to common stockholders was $18.2 million or $0.16 per share, compared to a loss of $17.2 million or $0.16 per share last year
— Revenues rose 17% annually to $71.8 million, vs. $70.4 million expected; subscription revenue was $54.0 million, up 25% year-over-year
— The number of customers with ACV equal-to-or-greater-than $100,000 was 586, higher by 16% from last year
— Appointed James Huang, a former executive of WorkForce, as the new Senior Vice President of global strategic alliances
— Expects fourth-quarter revenues to be in the range of $71 million to $72.5 million, and subscription revenue between $54 million and $55 million
— Expects an adjusted loss between $0.11 per share and $0.09 per share for the fourth quarter
— Looking for full-year revenues in the $276.7-$278.2 million range and subscription revenue between $206.0 million and $207.0 million
Cloudera Inc. (NYSE: CLDR) reported a narrower loss in the first quarter of 2021 driven by lower costs and expenses as well as higher revenue. The results exceeded analysts' expectations.
CrowdStrike Holdings Inc. (NASDAQ: CRWD) has witnessed strong momentum with the stock gaining over 96% since the beginning of the year. The company delivered strong results for the first quarter
Internet security has been evolving over time, aided by the rapid adoption of cloud computing, the ubiquity of mobile phones, and the growing threats that cause serious problems to enterprises