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Zuora Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Issues Guidance
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Zuora Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Issues Guidance
Aug 22, 2024 7:50 PM

04:56 PM EDT, 08/21/2024 (MT Newswires) -- Zuora ( ZUO ) late Wednesday reported fiscal Q2 non-GAAP net income of $0.19 per diluted share, up from $0.07 a year ago.

Analysts polled by Capital IQ expected $0.10 per share.

Revenue for the quarter ended July 31 was $115.4 million, up from $108.1 million a year ago.

Analysts surveyed by Capital IQ expected $112.6 million.

For Q3, Zoura forecasts revenue of $115 million to $117 million and non-GAAP EPS of $0.11 to $0.12. Analysts polled by Capital IQ expect EPS of $0.10 on revenue of $115.1 million.

For fiscal 2025, the company sees revenue in the range of $455.5 million to $461.5 million and non-GAAP EPS of $0.56 to $0.58. Analysts expect an EPS of $0.43 on revenue of $456 million.

Shares of Zuora ( ZUO ) were up over 7% in after-hours activity.

Price: 9.15, Change: +0.65, Percent Change: +7.65

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