Zuora: Fiscal Q4 Earnings Snapshot
REDWOOD CITY, Calif. (AP) _ Zuora Inc. (ZUO) on Thursday reported a loss of $18.8 million in its fiscal fourth quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 16 cents. Losses, adjusted for stock option expense and non-recurring costs, were 2 cents per share.
The enterprise software company posted revenue of $79.3 million in the period.
For the year, the company reported that its loss narrowed to $73.2 million, or 62 cents per share. Revenue was reported as $305.4 million.
For the current quarter ending in May, Zuora expects its results to range from a loss of 4 cents per share to a loss of 3 cents per share.
The company said it expects revenue in the range of $78 million to $80 million for the fiscal first quarter.
Zuora expects full-year results to range from a loss of 10 cents per share to a loss of 6 cents per share, with revenue ranging from $272 million to $276 million.
Zuora shares have climbed 9.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.25, an increase of 53% in the last 12 months.