Zuora Stock Price, News & Analysis

Zuora, Inc. (NYSE: ZUO) recently hosted a virtual Investor Day, detailing its strategic and financial plans for fiscal year 2025, which ends January 31, 2025. Key targets announced include subscription revenue growth of over 25%, an operating margin of more than 10%, and a non-GAAP subscription gross margin of at least 82%. Additionally, new KPIs were introduced, aiming for ARR growth between 25% to 30% and net dollar retention of 112% to 115%. This event featured insights from senior leadership and key customers, emphasizing Zuora's commitment to enhancing its subscription management platform.

Zuora, Inc. (NYSE: ZUO) announced a second $1 million stock contribution to Zuora.org to support nonprofits focused on underrepresented communities. CEO Tien Tzuo emphasized the responsibility to promote inclusivity within the Subscription Economy. The 2020 Impact Report highlighted $872,711 granted to over 50 organizations and notable contributions towards racial equity and community stability. New Director of Social Impact, Rachael Claudio, aims to enhance access to subscription-based opportunities.

Zuora, Inc. (NYSE: ZUO), a leader in subscription management, has collaborated with Boston Consulting Group and the Subscribed Institute on a study emphasizing the importance of existing customer revenue in subscription businesses. The research reveals that 70-80% of revenue should originate from current customers to drive growth. Key findings indicate that companies focusing on this 'land and expand' strategy can achieve nearly double the annual recurring revenue (ARR) growth compared to traditional firms, alongside a 30% higher ARR.

Zuora, Inc. (NYSE: ZUO) will host a virtual Investor Day on April 12, 2021, at 10:00 a.m. PT. The event will feature presentations from the leadership team, including Tien Tzuo (CEO), Sri Srinivasan (CPO), Robbie Traube (CRO), and Todd McElhatton (CFO). A Q&A session will conclude the event. The webcast replay will be available on Zuora’s Investor Relations website after the event. Zuora provides a cloud-based subscription management platform, serving over 1,000 clients globally, including Ford and Zoom, highlighting its role in the Subscription Economy.

Zuora, a leader in subscription management, has launched Zuora Collect AI, enhancing its subscription management suite. This innovative tool utilizes machine learning from extensive transaction data to automate payment retries, leading to a reported revenue recovery increase of 10-20% for users. With a significant shift towards usership, 78% of adults now use subscription services. Collect AI aims to minimize payment failures, which affect nearly half of businesses. The product is designed specifically for recurring and usage-based models, further solidifying Zuora's market position.

Zuora, Inc. (NYSE: ZUO) reported strong financial results for the fourth quarter and full year ended January 31, 2021. Total revenue rose to $79.3 million, a 13% year-over-year increase, with subscription revenue up 19% at $65.1 million. GAAP net loss narrowed to $18.8 million, or $0.16 per share, improving from the prior year. For the full year, revenue reached $305.4 million, an 11% increase. The firm reported a dollar-based retention rate of 100% and significant transaction volume growth of 30%. They also announced a strategic partnership with Stripe to boost the Subscription Economy.

Zuora, a leader in subscription management technology, revealed its latest Subscription Economy Index™ (SEI), demonstrating subscription businesses outpacing the S&P 500 by nearly six times over nine years. Consumer preferences are shifting towards subscriptions, with 78% of adults currently utilizing these services. In 2020, subscription companies grew revenues by 11.6%, contrasting with a -1.6% decline in S&P 500 sales. The SEI growth rate reached 437%, highlighting the strong performance across various sectors, including SaaS and IoT.

Zuora (NYSE:ZUO) announced that AIMS360, a fashion ERP company, has successfully transitioned to selling 100% of its software as subscriptions using Zuora's platform. This shift was prompted by the need to better monetize services and strengthen subscriber relationships. AIMS360 faced limitations with its previous accounting system, making Zuora's automated tools critical for managing renewals and customer relationships effectively. The partnership has enabled AIMS360 to adapt swiftly to market changes, demonstrated by their ability to offer temporary discounts during the pandemic.

Zuora, Inc. (NYSE: ZUO) will report its financial results for the fourth quarter of fiscal 2021 on March 11, 2021, after market close. A conference call and webcast will be held at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results. Zuora, the leading cloud-based subscription management platform, serves over 1,000 global companies, including Box, Ford, and Zoom. For more information, visit www.zuora.com.