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

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

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