AP NEWS

Zuora: Fiscal 2Q Earnings Snapshot

August 30, 2018

SAN MATEO, Calif. (AP) _ Zuora Inc. (ZUO) on Thursday reported a loss of $19.6 million in its fiscal second quarter.

The San Mateo, California-based company said it had a loss of 19 cents per share. Losses, adjusted for one-time gains and costs, came to 13 cents per share.

The enterprise software company posted revenue of $57.8 million in the period.

For the current quarter ending in November, Zuora expects its results to range from a loss of 14 cents per share to a loss of 13 cents per share.

The company said it expects revenue in the range of $58.3 million to $59.3 million for the fiscal third quarter.

Zuora expects full-year results to range from a loss of 61 cents per share to a loss of 59 cents per share, with revenue ranging from $227 million to $230 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZUO at https://www.zacks.com/ap/ZUO

AP RADIO
Update hourly