Subscription management platform Zuora (NYSE:ZUO) reported Q2 CY2024 results beating Wall Street analysts’ expectations , with revenue up 6.8% year on year to $115.4 million. The company expects next quarter’s revenue to be around $116 million, in line with analysts’ estimates. It made a non-GAAP profit of $0.19 per share, improving from its profit of $0.07 per share in the same quarter last year.
Is now the time to buy Zuora? Find out in our full research report.
Zuora (ZUO) Q2 CY2024 Highlights:
-
Revenue: $115.4 million vs analyst estimates of $112.6 million (2.5% beat)
-
Adjusted Operating Income: $25.63 million vs analyst estimates of $18.9 million (35.6% beat)
-
EPS (non-GAAP): $0.19 vs analyst estimates of $0.10 ($0.10 beat)
-
The company slightly lifted its revenue guidance for the full year to $458.5 million at the midpoint from $455 million
-
EPS (non-GAAP) guidance…
