Zuora (ZUO) Expected to Announce Quarterly Earnings on Wednesday

Zuora (NYSE:ZUO) is expected to be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $117.31 million for the quarter.

Zuora Stock Performance

ZUO opened at $10.02 on Wednesday. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 2.00. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67. Zuora has a 12 month low of $7.70 and a 12 month high of $10.85. The stock has a fifty day moving average price of $9.96 and a 200-day moving average price of $9.46.

Insider Buying and Selling at Zuora

In other news, CEO Tien Tzuo sold 48,569 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total transaction of $482,290.17. Following the completion of the sale, the chief executive officer now owns 110,576 shares in the company, valued at approximately $1,098,019.68. This represents a 30.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Peter Hirsch sold 19,469 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $9.97, for a total value of $194,105.93. Following the completion of the sale, the insider now directly owns 24,146 shares of the company’s stock, valued at $240,735.62. The trade was a 44.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 207,868 shares of company stock worth $2,064,908 over the last quarter. Insiders own 8.62% of the company’s stock.

About Zuora

Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.