Zuora, Inc. (ZUO) Tops Q3 EPS by 4c, Revenue Beat; 4Q EPS/Revenue Guidance, FY21 EPS Guidance Above Consensus, FY21 Revenue Guidance Below Consensus

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Go back to Zuora, Inc. (ZUO) Tops Q3 EPS by 4c, Revenue Beat; 4Q EPS/Revenue Guidance, FY21 EPS Guidance Above Consensus, FY21 Revenue Guidance Below Consensus

Zuora Reports Third Quarter Fiscal 2021 Results

December 3, 2020 4:15 PM EST

Subscription revenue grew 15% year-over-year; total revenue grew 8% year-over-year

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Zuora, Inc. (NYSE: ZUO), the leading cloud-based subscription management platform provider, today announced financial results for its fiscal third quarter ended October 31, 2020.

In the third quarter, we exceeded expectations across our key financial metrics, including subscription revenue, income, and meeting our free cash flow target one quarter early, said Tien Tzuo, founder and CEO of Zuora. Our enterprise go-to-market initiatives are gaining traction, helping us land the largest deal in the companys... More