ZUO Stock Recent News

Zuora, Inc. (NYSE:ZUO ) Q3 2024 Earnings Conference Call November 29, 2023 5:00 PM ET Company Participants Luana Wolk - Vice President, Investor Relations and ESG Tien Tzuo - Founder and Chief Executive Officer Todd McElhatton - Chief Financial Officer Robbie Traube - President and Chief Revenue Officer Conference Call Participants Rob Oliver - Baird Chad Bennett - Craig-Hallum Joshua Reilly - Needham & Company Adam Hotchkiss - Goldman Sachs Joseph Vafi - Canaccord Eylon Liani - Jefferies Jacob Stephan - Lake Street Operator Good afternoon. My name is Krista and I'll be your conference operator today.

Zuora (ZUO) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.02 per share a year ago.

Zuora's valuation, currently at 30x next year's free cash flow, appears relatively high for a business experiencing single-digit revenue growth rates. The rich price tag of Zuora's stock raises concerns about its investment value, particularly when compared to its growth potential. The company's strong balance sheet, boasting over $180 million of net cash, offsets the uncertainty surrounding its valuation.

I expect growth acceleration driven by a sales strategy pivot and the potential for reversion to higher valuation multiples. Zuora offers a product that supports subscription and usage-based businesses in managing their order-to-cash cycles, filling a gap in the market. ZUO's shift to targeting smaller markets with a single product is expected to help mitigate near-term weaknesses and provide long-term growth opportunities.

Zuora's (ZUO) second-quarter fiscal 2024 results reflect an expanding clientele and strong demand for the Zephr solution.

Zuora, Inc. (NYSE:ZUO ) Q2 2024 Earnings Call Transcript August 23, 2023 5:00 PM ET Company Participants Carolyn Bass - IR Tien Tzuo - Founder and CEO Todd McElhatton - CFO Robbie Traube - President and CRO Conference Call Participants Adam Hotchkiss - Goldman Sachs Joshua Reilly - Needham Chad Bennett - Craig-Hallum Rob Oliver - Baird Andrew DeGasperi - Berenberg Jacob Stephan - Lake Street Capital Markets Luv Sodha - Jefferies Joseph Vafi - Canaccord Operator Good afternoon, and welcome to Zuora's Second Quarter of Fiscal 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

Zuora (ZUO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zuora (ZUO) is expanding its portfolio with the launch of Warehouse and BYOW Technology to support large-volume, high-speed data analysis. Moreover, the Zephr launch will boost top-line growth.

Zuora, a subscription revenue-management software company, has seen its share price jump ~75% year to date, with potential for further growth. Zuora has successfully executed in a challenging macro environment, focusing on smaller, faster deals with immediate ROI. Zuora's unique product offering, expanding portfolio, and growing customer base make it an attractive acquisition target for larger software companies.

Zuora (ZUO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.