Zuora Q2 Adj $0.07 Beats $0.03 Estimate, Sales $108.05M Miss $108.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zuora (NYSE:ZUO) reported Q2 earnings of $0.07 per share, beating the analyst consensus estimate of $0.03 by 133.33%. This is a 333.33% increase from the same period last year. However, the company's quarterly sales of $108.05 million missed the analyst consensus estimate of $108.81 million by 0.70%. This is a 9.39% increase from the same period last year.
August 23, 2023 | 8:12 pm
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Zuora's Q2 earnings beat estimates but sales missed estimates. This mixed result could lead to volatility in the stock price.
Zuora's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed result could lead to volatility in the stock price in the short term.
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