Zuora Stock Price, News & Analysis

Zuora has appointed Andrew Cohen as its new Chief Legal Officer, effective February 14, 2022. Cohen succeeds Jennifer Pileggi, who is retiring after a six-year tenure. With over 20 years of experience in global legal roles, Cohen previously served as SVP, General Counsel at Pivotal and was a key player in its IPO and subsequent acquisition by VMware. Cohen's expertise is expected to enhance Zuora's legal frameworks, mitigate risks, and support the company's growth in the Subscription Economy.

Zuora, Inc. (NYSE: ZUO) has appointed two new independent board directors: Laura Clayton McDonnell and Amy Guggenheim Shenkan. Clayton McDonnell, currently Senior VP at ServiceNow, brings extensive experience in enterprise sales, while Shenkan, a Senior Advisor at Altamont Capital, adds her expertise in digital transformation. Their appointments aim to enhance Zuora’s strategic direction in the growing Subscription Economy. CEO Tien Tzuo expressed excitement about their leadership and insights, which are expected to help drive Zuora's growth and better serve its enterprise customers.

Zuora, a leading cloud-based subscription management platform, announced its participation in two upcoming investor events. The Jefferies Virtual Software Summit will feature CFO Todd McElhatton and CRO Robbie Traube on January 10 at 6:00 p.m. ET. Following this, CEO Tien Tzuo and CFO Todd McElhatton will present at the 24th Annual Needham Virtual Growth Conference on January 12 at 11:30 a.m. ET. Live webcasts and replays will be available on Zuora’s investor relations website.

Zuora, Inc. (NYSE: ZUO), a leader in cloud-based subscription management, announced that its CEO, Tien Tzuo, and CFO, Todd McElhatton, will participate in Baird’s Virtual Bus Tour on December 17, 2021, at 8:00 a.m. PT (11:00 a.m. ET). The presentation will be accessible via live webcast on Zuora's investor relations website. Zuora provides a platform that supports dynamic subscription business models, serving over 1,000 companies globally, including notable names like Zoom and Ford.

Zuora has been selected to support Xerox’s CareAR in monetizing its augmented reality service experience management platform. Utilizing Zuora's cloud-based subscription management, CareAR aims to enhance its digital customer support services for a global market. CareAR is part of an industry trend to adopt augmented reality solutions, which Deloitte reports will see a 100% increase in 2021. Zuora will facilitate subscription monetization and billing, providing a seamless experience for CareAR customers.

Zuora, Inc. (NYSE: ZUO) reported Q3 fiscal 2022 results with total revenue of $89.2 million, up 16% year-over-year, and subscription revenue reaching $73.8 million, an increase of 19%. Despite the growth, GAAP net loss widened to $22.9 million, or 26% of revenue, compared to a loss of $16.8 million in Q3 fiscal 2021. The company's dollar-based retention rate improved to 110%. Key highlights included launching a Unified Monetization solution and integration with Microsoft, enhancing its service offerings in the Subscription Economy.

Zuora, Inc. (NYSE: ZUO) announced the launch of Real-Time Revenue for its Zuora Revenue platform, enabling businesses to automatically recognize, reconcile, and analyze revenue efficiently. This innovation aims to simplify the financial close process, traditionally marred by complexity and human error, particularly for subscription-based models.

The Close Process Dashboard continuously reconciles revenue, helping organizations to identify and resolve errors rapidly. With this tool, companies can improve revenue forecasting and set agile revenue targets, enhancing overall financial management.

Zuora (NYSE: ZUO) will report its financial results for the third quarter of fiscal 2022, ending October 31, 2021, on December 1, 2021. The announcement follows the market close, with a conference call scheduled at 2:00 p.m. PT / 5:00 p.m. ET to discuss results and business highlights. Zuora's platform supports subscription management across industries and serves over 1,000 companies globally, including notable clients like Ford and Zoom. Investors can access the live webcast and replay for this event at Zuora Investor Relations.

Zuora, Inc. (NYSE: ZUO) announced the launch of Zuora CPQ X, a new Configure, Price, Quote (CPQ) solution aimed at enhancing sales efficiency in the Subscription Economy. The platform allows sales teams to quote up to 35% faster throughout the entire subscriber lifecycle. With the Subscription Economy revenue growing by 437% over the past decade, Zuora CPQ X addresses challenges posed by evolving service terms. It integrates with Zuora Billing and Revenue for a complete quote-to-revenue process, ensuring sales and finance teams can work in sync.