|Bid||0.00 x 800|
|Ask||0.00 x 2900|
|Day's Range||20.28 - 23.97|
|52 Week Range||15.56 - 37.78|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.43|
This gives Apple some valuable leverage that might help make the services it's about to launch more competitive and/or lucrative. As many readers likely know, Apple is hosting an event at 1 P.M. Eastern Time on Monday where it's expected to unveil a slew of new services.
Software-as-a-service company Zuora Inc (NYSE: ZUO ) reported fourth-quarter revenue Thursday that was ahead of expectations, and its loss per share was in line. Despite the fairly positive results, shares ...
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced the company added five new U.S. patents in FY’19, continuing to develop innovative technology to power the Subscription Economy®. Zuora’s latest patents reflect the consistent execution of our technology team to continuously innovate our two flagship products—Zuora® Billing and Zuora RevPro®,” said Brent Cromley, Senior Vice President of Technology at Zuora. Adding to its existing patent portfolio this year, Zuora had five new patents awarded by the USPTO, further establishing Zuora as the leader in the subscription billing and revenue recognition markets.
This Friday morning the equity markets are under pressure after an extended run and on the news that the yield curve is likely to invert soon. But Zuora (NYSE:ZUO) has its own reasons to fall today.Source: Shutterstock Last night, management reported earnings and investors did not like what they saw. Zuo stock is falling 13% on the headline so they were clearly disappointed with the results. But luckily for the bulls, the stock came into the earnings event up 35% year-to-date and 25% since inception last April. This can be good news from that perspective but it also suggests that there could be more room to fall.First, let's examine the business model. Fundamentally, ZUO should have a prosperous future for years to come. It provides subscription software services to cloud-based businesses. There will be ample supply of potential customers as the whole globe is seeking to operate in the cloud.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSalesforce (NYSE:CRM) launched the trend and it is now a thesis that is growing exponentially with no chance or reversion. All the major mega-tech companies like Microsoft (NASDAQ:MSFT) completely shifted their models to it and the rest of the world is in hot pursuit.Management delivered results that met or beat the expectations for the past quarter. But they failed to wow Wall Street with the next one and full-year guidance. These days that's almost all that matters to traders. * 10 Stocks on the Rise Heading Into the Second Quarter Most often, if the company thesis is still intact, the short-term reaction to the stock is only temporary. There is a let-down effect from a disconnect on expectations. This is a momentum stock and they usually overshoot in both directions, up and down. This makes them difficult to trade because when they are falling like Zuora stock is today, they look like they are headed to zero.Luckily we can find the important levels on the chart to guess where there will be a support to find proper entry points. How to Approach ZUO StockThose who want to own the shares long term need not worry about this drop. Today's dip in price doesn't change the ongoing thesis. And if I already own the shares, I would not sell out of them today.Shorter term, there are important lines that matter from the technical aspect.This morning, ZUO stock is falling into the $21 per share zone. This has been pivotal since its inception. After the IPO, the stock rallied to $37 per share, then corrected sharply back to today's level fast. Then, when the stock markets in general collapsed into Christmas, ZUO made new lows to $15 per share. Somewhere in the middle lies the truth.Based on the volume profile, both bulls and bears agree on the current zone as a value area. So they will fight it out hard here, thereby creating congestion in price. This usually lends support to the stock. Click to EnlargeThe December low for ZUO was a double bottom of sorts, so it makes for solid footing set on very sour sentiment on Wall Street. While the zone between $20 and $21 per share seems strong, $19 played an important role for the last few months. So I expect that if this first line of defense fails, the bottom end of the next one will also be secondary support at $18.20 area. These are not forecasts, but rather, where I can expect potential support.The ZUO stock bulls will need the technicals to lend help because the fundamental value of the stock probably won't.Yes, this is an exciting stock in the hot area of business, but it is still too rich from the traditional sense. But it is now trading about where it came out of the IPO, so for those who missed out on the entry, this would be their chance.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post This Is Your Best Chance to Get Into Zuora Stock After Its IPO appeared first on InvestorPlace.
, the cloud-based subscription billing and management company, slumped Friday after the company's revenue forecast for its fiscal first quarter and full year disappointed Wall Street. Using older accounting rules, on which Zuora said Wall Street was basing its estimates, the company said it expects first-quarter revenue of $65 million to $66 million, and fiscal-year revenue of $293 million to $297.5 million. Wall Street was expecting revenue for the first quarter and year of $66 million and $294.2 million, respectively.
Stock futures dipped after Apple led a big stock market rally Thursday. Nike fell below a buy point early after earnings beat but sales were iffy.
The footwear giant is chugging along with more robust growth and Zuora's revenue soared, fueled by growth in the subscription economy.
Zuora Inc. shares dropped in the extended session Thursday after the cloud-based subscription management company reported its outlook and quarterly results. Zuora shares fell 11% after hours, following a 2.5% rise to close the regular session at $24.33. Zuora provided an outlook using both old accounting rules and new accounting rules, maintaining that the Wall Street consensus was using the old rules for estimates. Under the old rules, Zuora expects a loss of 13 cents to 12 cents a share on revenue of $65 million to $66 million for the fiscal first quarter, and a loss of 44 cents to 40 cents a share on revenue of $293 million to $297.5 million for the year. Analysts surveyed by FactSet expect a loss of 13 cents a share on revenue of $66 million for the first quarter, and a loss of 46 cents on revenue of $294.2 million for the year. Under the new rules, Zuora said it expects a loss of 14 cents to 13 cents a share on revenue of $63.5 million to $64.5 million for the fiscal first quarter, and a loss of 44 cents to 40 cents a share on revenue of $289 million to $293.5 million for the year. The company reported a fourth-quarter loss of $20.7 million, or 19 cents a share, compared with a loss of $13.8 million, or 46 cents a share, in the year-ago period. The adjusted loss was 11 cents a share. Revenue rose to $64.1 million from $49.8 million in the year-ago quarter. Analysts had forecast a loss of 11 cents a share on revenue of $62.8 million.
SAN MATEO, Calif. (AP) _ Zuora Inc. (ZUO) on Thursday reported a loss of $20.7 million in its fiscal fourth quarter. For the current quarter ending in May, Zuora expects its results to range from a loss of 14 cents per share to a loss of 13 cents per share. Zuora expects full-year results to range from a loss of 44 cents per share to a loss of 40 cents per share, with revenue ranging from $289 million to $293.5 million.
Zuora, Inc. (ZUO) the leading cloud-based subscription management platform provider, today released the newest edition of its biannual Subscription Economy Index™ (SEI) designed to measure the collective health of subscription businesses and track the impact of these businesses on the overall economy. Over the past seven years, the companies featured in this study, across North America, Europe and Asia Pacific, have seen their sales grow by more than 300 percent, representing an 18 percent compound annual growth rate (CAGR).
SAN MATEO, Calif.-- -- Fourth quarter subscription revenue grew 35% year-over-year; total revenue grew 29% year-over-year Full year subscription revenue and total revenue grew 40% year-over-year Customers with annual contract value equal to or greater than $100,000 increased to 526 customers, or 27% year-over-year Dollar based retention rate was 112% Zuora, Inc. , the leading cloud-based subscription ...
You all saw on Wednesday a three month T-bill that now yields 15 more basis points than does the 5 year note. The standard Treasury yield that economy watchers prefer to keep eyes upon as a potential harbinger of economic contraction is the 2 year/10 year. With equities trading close enough to all-time highs, and a U.S. Treasury market that screams at us to take some cover, do you really need to ask?
Zuora, Inc. today announced it was chosen as the cloud-based subscription management platform for Kayo Sports, Australia’s new multi-sport streaming service.
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced that Ricoh, the $20 billion USD global workplace technology company, has selected Zuora to help advance its digital transformation initiatives and to continually improve the customer experience. The Zuora® platform will power and manage all financial processes for Ricoh’s first subscription-based printing and document workflow service. “Leveraging the subscription business model changes how our customers interact with and continually receive value from our devices.
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced its customer TerrAvion went live on the Zuora® Billing platform in 39 days after realizing that "no company should try to build their own billing system," according to Nathan Jayappa, COO of TerrAvion.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Every investor in Zuora, Inc. (NYSE:ZUO) should be aware ofRead More...
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced that it was named the top-rated vendor among 16 - including traditional ERP providers such as Oracle, SAP and Amdocs - in the latest MGI Research Agile Billing Solutions Buyer’s Guide. The world’s largest companies are adopting the subscription business model to generate new recurring revenue growth. In fact, 16 of the Fortune 100 are now Zuora® customers.
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced its call for speakers for the annual Subscribed™ event, held in San Francisco on June 4-5, 2019 at the Marriott Marquis. For the last decade, the Zuora® brand is synonymous with The Subscription Economy™. Subscribed is more than just a conference.
NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced it will partner with Interbrand - the global brand strategy consultancy of Omnicom Group Inc. - to help the world’s largest companies succeed in the Subscription Economy through joint business, brand and technology strategy. Together, Zuora and Interbrand will help companies seeking to launch new subscription services.
Zuora, Inc. , the leading cloud-based subscription management platform provider, today announced members of its management team are scheduled to present at upcoming investor conferences in San Francisco.