— 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
Most Popular
Key takeaways from Cintas’ (CTAS) third-quarter 2023 report
Cintas Corporation (NASDAQ: CTAS) has been growing its market share by diversifying into new areas and through acquisitions. The prudent business model, with a focus on recurring revenues, has helped
Here are a few points to keep in mind if you are considering Starbucks Corporation (SBUX)
Shares of Starbucks Corporation (NASDAQ: SBUX) stayed in green on Thursday. The stock has gained 10% over the past 12 months. The company delivered healthy results for its most recent
ANGO Earnings: AngioDynamics reports loss for Q3; revenue up 9%
AngioDynamics Inc. (NASDAQ: ANGO) on Thursday reported a wider loss for the third quarter when the medical device maker's revenues increased by 9%. The company also provided guidance for fiscal
Comments
Comments are closed.