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.
Zuora, Inc. (historically NYSE: ZUO) is known for its monetization platform and monetization suite that support subscription, usage-based and hybrid revenue models. The news associated with ZUO reflects both the company’s product evolution and its transition from a publicly traded entity to a privately held firm.
News coverage for Zuora frequently highlights financial results and key operating metrics. The company has reported subscription revenue, total revenue, non-GAAP income from operations, annual recurring revenue (ARR), annual contract value (ACV) and dollar-based retention rate (DBRR). These updates provide insight into how Zuora’s recurring revenue business has developed over time and how it evaluates performance using both GAAP and non-GAAP measures.
Another important category of news involves corporate transactions and ownership changes. On October 17, 2024, Zuora announced a definitive agreement to be acquired by Silver Lake, in partnership with an affiliate of GIC Pte. Ltd., in a transaction valued at $1.7 billion. On February 14, 2025, the company reported the completion of this acquisition and stated that its Class A common stock would cease trading and it would no longer be listed on the New York Stock Exchange. For users researching ZUO, these articles document the process by which Zuora moved from public to private ownership.
Zuora-related news also covers product enhancements and regional initiatives. Examples include announcements about new capabilities for usage-based pricing, such as metering and rating solutions that convert raw usage data into pricing models, and an AI paywall for media and publishing companies that uses reinforcement learning to tailor offers. The company has also announced a data center in Japan to support APAC customers with in-region data storage, performance and compliance.
Additional news items may feature partnerships and ecosystem developments, such as being named a preferred payments partner or integrations that expand payment options for subscription and recurring billing. Together, these categories of news give investors, customers and analysts a view into Zuora’s financial performance, strategic direction, technology roadmap and corporate structure. Users interested in the historical ZUO ticker can use this news feed to trace major milestones in Zuora’s development and acquisition timeline.
Zuora, Inc. (NYSE: ZUO) announced the launch of the Meet the Faces of Modern Business campaign, showcasing five leaders dubbed The Accelerators, who are transforming customer-centric businesses. This initiative highlights how organizations are adapting to evolving customer demands through recurring revenue models and enhanced digital relationships. Tien Tzuo, Zuora's CEO, emphasized the importance of challenging traditional business norms to ensure sustainability and growth. The campaign will feature these leaders across multiple platforms, aiming to illustrate successful modern business practices. Zuora offers a comprehensive monetization platform enhancing customer-centric operations, effectively supporting over 1,000 companies globally.
Zuora, Inc. (NYSE: ZUO) released its latest Subscription Economy Index™ (SEI) report, revealing subscription businesses grew 3.7x faster than the S&P 500 over the past 11 years. Despite economic challenges, the SEI showed a 12% revenue growth in 2022, outperforming the S&P 500's 10.6% growth. Subscription acquisition has increased since pandemic lows, while churn rates remained stable at 6.36%. The SaaS sector continued to lead with 12.3% revenue growth. However, average revenue per account (ARPA) growth slowed from 1.89% in Q2 to 0.97% in Q4 2022. The report illustrates the resilience of recurring revenue models amid economic pressures.
Zuora, Inc. (NYSE: ZUO) has opened a new office in Chennai, India, with a capacity for 200 employees, aimed at enhancing global product innovation in the Subscription Economy. The expansion follows a threefold increase in the local workforce over the past two years, which now totals 450 employees. Inaugurated on March 7 by CEO Tien Tzuo, the new 20,115 square-foot facility features state-of-the-art technology and collaborative spaces. Zuora is focused on unlocking customer-centric business models and driving growth in subscription services, which have outpaced traditional sales by 4.6x according to the Subscription Economy Index™.
Zuora, Inc. (NYSE: ZUO) reported strong fiscal fourth quarter and full year results for the period ending January 31, 2023. Total revenue reached $396.1 million, up 14% year-over-year, with subscription revenue increasing 18%. The fourth quarter saw total revenue of $103.0 million, a 14% increase, and subscription revenue of $89.5 million, up 16%. While there was a GAAP net loss of $122.0 million for the year, it improved compared to the previous year. Positive non-GAAP income from operations was noted, marking a significant achievement. The company is focused on balancing growth and profitability going forward.
Zuora (NYSE: ZUO) will report its financial results for Q4 fiscal 2023 on March 1, 2023, after market close. A conference call will follow at 2:00 p.m. PT to discuss the results and business highlights. Zuora is a leader in monetization platforms for recurring revenue businesses, serving over 1,000 clients globally, including high-profile companies like Caterpillar and General Motors. The earnings report is anticipated to provide insights into Zuora's financial performance and its strategic direction in the subscription economy.
Zuora, Inc. (NYSE: ZUO) has launched new consumption-based billing and revenue recognition solutions aimed at improving revenue forecasting and customer retention. These offerings provide comprehensive billing capabilities aligned with ASC 606 and IFRS 15 standards, crucial for adapting to uncertain economic conditions. Currently powering 40% of its customers, Zuora reports an increase in net dollar retention by 22% and subscriber growth by 11% year-over-year.
Zuora, Inc. (NYSE: ZUO) announced that CFO Todd McElhatton will participate in a fireside chat at the 25th Annual Needham Growth Conference on January 10, 2023, at 8:45 a.m. ET. The event will be webcast live and accessible for replay on Zuora’s investor relations website. Zuora is a premier monetization platform for recurring revenue businesses, helping over 1,000 companies globally, including industry leaders like General Motors and Siemens, manage and optimize their customer relationships.
Zuora, Inc. (NYSE: ZUO) reported fiscal third quarter results for 2023, showing strong revenue growth amid macroeconomic challenges. Subscription revenue rose by 17% year-over-year, reaching $86.6 million, while total revenue grew 13% to $101.1 million. However, the company faced a GAAP net loss of $37 million, worsening from the previous year's $22.9 million loss. To enhance future profitability, Zuora announced an 11% workforce reduction, expected to incur about $9.5 million in charges. The company anticipates continued ARR growth of 19%.
Zuora (NYSE: ZUO) will release its third quarter fiscal 2023 financial results on December 6, 2022, after the market closes. Following the announcement, Zuora's management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results and business highlights. The call will include participant dial-in options and a live webcast available at investor.zuora.com. This event marks an important opportunity for investors to gain insights into Zuora's performance, as it supports numerous global clients in monetizing subscription services.
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