|Bid||29.1200 x 800|
|Ask||29.1500 x 1100|
|Day's Range||28.8800 - 32.0500|
|52 Week Range||18.7500 - 37.7800|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.20|
Hired CEO Mehul Patel said the job-matching company took less than it was offered because it is close to profitability.
Shares of four of the five enterprise tech companies Cramer warned about went down, two of them by around 10 percent.
Mississauga, Canada headquartered Sphere 3D Corp.'s stock finished Monday's session 4.35% lower at $0.54 with a total trading volume of 314,600 shares. The Company's shares have surged 45.54% in the past month.
Jim Cramer cautions investors about a group of newly public software stocks that could be prime for a pullback.
Dropbox added to last week's gains, hitting another all-time intraday high on Monday. The cloud storage company gained more than 6 percent as of midday trading. Shares of another newly public company, Zuora, also rose Monday.
Shares of Dropbox soared as much as 9 percent on Friday, capping a big week of gains for newly public tech companies. For the week, Dropbox gained 32 percent and Zuora jumped 18 percent. Zuora ZUO and DocuSign DOCU both jumped more than 10 percent for the week.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said it's hard to value Zuora because it's a rich stock, but the market likes rich stocks.
Dropbox is the IBD Stock of the Day, as the recently public software stock leapt into buy range after clearing a 34.94 entry point from a cup-shaped base.
Shares of Zuora Inc. have plunged 7% in Thursday morning trading, giving back some of their gains from the past week. The stock had been on a six-day winning streak, gaining 46% in that time following the company's strong earnings report and its customer conference. Zuora makes tools that help companies adopt subscription business models.
Needham analyst Scott Berg raised his price target on Zuora Inc. shares to $33 from $27 on Wednesday, after attending the company's customer conference. "Customer interest in RevPro was significantly higher than our expectations going into the conference," Berg wrote.
Zuora, Inc. (ZUO) the leading cloud-based subscription management platform provider, today announced at Subscribed™ a major upgrade to the Zuora Central Platform with the addition of Zuora Orders. This new upgrade leapfrogs all existing capabilities, giving subscription companies unlimited order flexibility, a new set of metrics, and complete order-to-revenue automation. According to the Subscription Economy Index™ (SEI), Zuora’s proprietary index that tracks the growth of the Subscription Economy, subscription revenue is growing faster every year across all industries - from 13.8 percent (2012-2015) to 17.2 percent (2015-2017) and now at 22.6 percent (2017-2018).
Zuora, Inc. (ZUO) the leading cloud-based subscription management platform provider, today announced that the company’s CEO and Founder Tien Tzuo released the definitive guide for how to succeed in the Subscription Economy, “SUBSCRIBED: Why the Subscription Model Will be Your Company’s Future – and What to Do About It” (Portfolio/Penguin Random House) at Zuora’s annual conference Subscribed™ in San Francisco. More than 10,000 people attend the Subscribed series of events each year to learn how to succeed amidst the most disruptive business model shift in a century. On June 5th, not only will attendees hear from Tzuo, the foremost expert on the Subscription Economy®, the entire world will have access to his playbook.
NEW YORK, NY / ACCESSWIRE / June 4, 2018 / Cloud-based stocks Twilio and Zuora hit brand new highs on Friday. It was Zuora who stole the show in Friday trading after posting its first earnings report since going public that impressed Wall Street. Zuora, Inc. closed the day up 19.03% this past Friday on about 2.1 million shares traded.
Shares of recently public cloud-computing software maker Zuora (ZUO) are on fire, soaring by $4.72, or 21%, to $26.90, after beating expectations yesterday afternoon with revenue and profit for its April-ended fiscal Q1, the company’s first quarter since going public in mid-April. “The No. 1 thing investors should focus on is the overall shift to the subscription economy,” said Tzuo. Tzuo’s software, a form of "enterprise resource planning” programs, or ERP, helps companies with the complexities of pricing and invoicing and collecting money for things that are offered on a subscription basis, be they software in the cloud or some other good or service that is no longer just a single transaction.
Zuora's revenue number topped estimates in its first quarter as a public company. Analysts view Zuora as a proxy for the subscription economy, because it sells software to help companies manage their subscription-based offerings. Zuora ZUO shares surged more than 20 percent on Friday after the cloud software company reported better-than-expected results in its first earnings report since going public.
Shares of Zuora Inc. are up 12% in Friday trading after the company, which sells software that helps businesses transition to subscription models, reported a strong quarter. It was the company's first earnings report since its IPO. "Our biggest impression from the call was deal flow suggests accelerating demand and accelerating organic revenue growth throughout the company with similar sales execution," wrote Needham analyst Scott Berg, who rates the stock a buy.
Zuora, Inc. (ZUO), the leading cloud-based subscription management platform provider, today announced Subscribed™, the highly anticipated conference, June 5-6, 2018 at the Marriott Marquis in San Francisco, for companies striving to thrive amidst the most disruptive business-model shift in a century. According to the Subscription Economy Index™ (SEI), Zuora’s proprietary index tracking the growth of the Subscription Economy®, subscription revenue growth rates have continued to accelerate every year since 2012.
Shares of virtualization pioneers VMware (VMW) are rising, recently public enterprise resource planning (ERP) software maker Zuora (ZUO) is jumping, and Yext (YEXT), a maker of services for things such as voice-powered search, is also up, in after-hours trading, after all three beat quarterly expectations. Workday (WDAY), the cloud-software darling, however, is down slightly on its report. VMware reported fiscal Q1 revenue of $2.01 billion and earnings per share of $1.26 for the three months ended in April, topping the average estimates for revenue of $1.96 billion and EPS of $1.15.
Jim Cramer sits down with Zuora founder, Chairman and CEO Tien Tzuo, who talks about looking at consumer services in a new light.