Categories Earnings, Technology

Zuora (NYSE: ZOU): Q3 2020 Earnings Snapshot

— 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

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year

Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings

Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop

Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported

Is Zoom Video Communications (ZM) a good investment after Q3 earnings?

Zoom Video Communications (NASDAQ: ZM) expanded its customer base at an accelerated pace during the COVID crisis and soon became the preferred video conferencing platform for businesses and millions of

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top