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Zuora, Inc. - $ZUO STOCK NEWS

Welcome to our dedicated page for Zuora news (Ticker: $ZUO), a resource for investors and traders seeking the latest updates and insights on Zuora stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Zuora's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Zuora's position in the market.

Rhea-AI Summary

Zuora announced that its Chief Product and Technology Officer, Pete Hirsch, will participate in a fireside chat at the 19th Annual Needham Technology, Media, & Consumer Conference. The event will take place in New York City on May 14, 2024, at 1:30 p.m. Eastern Time. Investors can access the webcast live and on replay through Zuora's investor relations website.

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End-of-Day
1.15%
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conferences
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Rhea-AI Summary

Zuora, Inc. (NYSE: ZUO) announced the date for its first quarter fiscal 2025 earnings conference call to report financial results for the quarter ending on April 30, 2024. The conference call will be held on May 22, 2024, at 2:00 p.m. PT / 5:00 p.m. ET to discuss financial results and business highlights. Zuora is a leading monetization suite for modern businesses, offering a flexible software platform for evolving monetization strategies.

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Rhea-AI Sentiment
End-of-Day
1.15%
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Rhea-AI Summary

Zuora, Inc. appointed John D. Harkey, Jr. to its Board of Directors, effective April 30, 2024, as part of a cooperation agreement with Scalar Gauge Fund, LP. Harkey brings 25+ years of experience and financial expertise to the company. The appointment aims to enhance Zuora's go-to-market strategy and product offerings, driving shareholder value.

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End-of-Day
-1.41%
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management
Rhea-AI Summary

Zuora, Inc. (NYSE: ZUO) is acquiring metering and rating solution Togai to enhance its usage-based offerings amid the rising trend of generative AI technologies. The acquisition aims to empower developers and finance teams by uniting them to launch, iterate, and adapt usage-based models efficiently. Togai's low-code builder and developer-friendly interface will facilitate the configuration of raw events to help companies monetize their offerings effectively. The acquisition is set to close in early May 2024.

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-1.6%
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Rhea-AI Summary
Zuora, Inc. partners with global video game publisher Ubisoft to power its subscription services, leveraging Zuora's capabilities to automate billing, accounting, and payment processes. Ubisoft has seen up to a 200% increase in online traffic during new game releases, with Zuora aiding in scaling its subscription business. The partnership has expanded to include Rocksmith+ service, international expansion, and customization of offerings. Zuora's agility in handling volume surges has been important for Ubisoft's growth.
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2.87%
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partnership
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Rhea-AI Summary
Zuora, Inc. released the latest Subscription Economy Index™(SEI) report, showing companies in the SEI have experienced 3.4x faster growth rates than the S&P 500 over the past 12 years. In 2023, SEI companies demonstrated resilience through Total Monetization strategies, aligning with customer demand and pursuing innovative approaches. The report highlights that SEI companies outpaced the S&P 500 in revenue growth, with improved customer retention and expansion. While SaaS sector growth rates slowed, consumption-based models showed promising revenue growth. Media & Entertainment sector saw varying growth rates, with New Media subset leading in revenue growth but Publishing Media expanding subscriber count over time.
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0.59%
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none
Rhea-AI Summary
Zuora Inc. (ZUO) reports a 13% increase in full-year subscription revenue, with growth in key financial metrics like revenue, net income, and cash flow. The company focuses on new customer acquisition and improving profitability, showing a positive trend in its financial performance.
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-5.94%
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Rhea-AI Summary
Zuora (NYSE: ZUO) will report Q4 fiscal 2024 results on February 28, 2024. The management team will discuss financial results and business highlights in a conference call and webcast.
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Zuora (NYSE: ZUO) CFO to Participate in Fireside Chat at 26th Annual Needham Growth Conference
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2.53%
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conferences
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Zuora (NYSE: ZUO) CFO Todd McElhatton to Participate in Fireside Chat at Barclays Global Technology Conference
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-0.33%
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Zuora, Inc.

NYSE:ZUO

ZUO Rankings

ZUO Stock Data

1.54B
136.47M
0.91%
80.91%
3.86%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
REDWOOD CITY

About ZUO

we are in the midst of a once-in-a-century shift in business models. consumers are choosing outcomes over ownership. the world is shifting to subscriptions. zuora is the subscription economy® leader, at the heart of this shift, enabling business and subscriber freedom across the globe. zuora’s leading subscription management platform helps businesses in any industry to launch or shift products to subscription, implement new pay-as-you-go pricing and packaging models, gain new insights into subscriber behavior, open new revenue streams, and disrupt market segments to gain competitive advantage. in short, zuora is powering the subscription economy® with our unified order-to-cash system. zuora supports over 1000 customers worldwide including dell, vivint, schneider electric, box, the financial times, and general motors. headquartered in silicon valley, zuora also operates offices in atlanta, boston, denver, san francisco, london, paris, beijing, sydney, and tokyo.