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Zuora: Fiscal Q4 Earnings Snapshot

March 11, 2021 GMT

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.

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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.

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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