Zuora Sees Q2 Adj. EPS $0.03-$0.04 vs $0.01 Est., Total Revenue $108M-$109.5M vs $106.72M Est.; Sees FY24 Adj. EPS $0.15-$0.17 vs $0.08 Est., Total Revenue $431M-$440M vs $433.24M Est.
Portfolio Pulse from Benzinga Newsdesk
Zuora (ZUO) expects Q2 adjusted EPS of $0.03-$0.04, beating the $0.01 estimate, and total revenue of $108M-$109.5M, surpassing the $106.72M estimate. The company also raises its FY24 adjusted EPS guidance to $0.15-$0.17 from $0.08 and total revenue to $431M-$440M from $433.24M.
May 24, 2023 | 8:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Zuora's Q2 adjusted EPS and total revenue beat estimates, and the company raises its FY24 guidance for both metrics.
Zuora's better-than-expected Q2 results and raised FY24 guidance indicate strong financial performance, which is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100