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Zuora, Inc. (symbol: ZUO) is a pioneer in the subscription economy, offering a comprehensive suite of cloud-based software solutions designed to help businesses transition from traditional product-based sales to subscription models. Headquartered in the heart of Silicon Valley, Zuora's mission is to empower businesses worldwide to succeed in the subscription economy, where consumers prefer access over ownership.
Zuora's flagship product, Zuora Central, serves as an intelligent subscription management hub. It automates the entire order-to-cash process, encompassing functionalities such as quoting, billing, collections, analytics, and revenue recognition. This platform aids businesses in various industries to seamlessly launch and manage their subscription services, helping them implement innovative pay-as-you-go pricing models, gain valuable insights into subscriber behavior, and unlock new revenue streams.
Zuora's product lineup includes Zuora Billing, Zuora Revenue, Zuora Payments, Zephr, and the Zuora Platform. Each product is designed to enhance and support the core subscription management capabilities, providing businesses with the flexibility and tools they need to disrupt their markets and gain a competitive advantage.
With over 1,000 customers globally, including industry giants like Dell, Vivint, Schneider Electric, Box, The Financial Times, and General Motors, Zuora has established itself as a trusted partner in the subscription economy. The company operates offices in key cities around the world, including Atlanta, Boston, Denver, San Francisco, London, Paris, Beijing, Sydney, and Tokyo.
Zuora's financial performance reflects its strong market position and the growing demand for subscription-based business models. The company derives the majority of its revenue from the United States, with a significant portion coming from its cloud-based software subscriptions.
Recent achievements for Zuora include expanding its product offerings, forming strategic partnerships, and implementing innovative solutions that drive business growth for its clients. As the world continues to shift towards subscription-based models, Zuora remains at the forefront, enabling businesses to adapt and thrive in this evolving landscape.
Zuora (NYSE: ZUO) has launched a new data center in Japan to enhance its services in the Asia-Pacific (APAC) region. The facility offers in-region data storage to comply with local privacy regulations, up to 30x faster performance, and convenient maintenance windows aligned with APAC time zones. Japan represents Zuora's third-largest market by ARR and second largest by TAM, while Australia ranks sixth by ARR. The company serves over 100 customers in APAC, including BIGLOBE, a leading Japanese internet service provider.
Zuora, a leading monetization suite for modern business, has announced a definitive agreement to be acquired by Silver Lake and GIC in a transaction valued at $1.7 billion. The deal will take Zuora private, with shareholders receiving $10.00 per share in cash, representing an 18% premium to the unaffected closing stock price and a 20% enterprise value premium.
The agreement, unanimously approved by Zuora's Board of Directors, is expected to close in the first quarter of 2025, subject to regulatory approvals and stockholder votes. Tien Tzuo, Zuora's Founder, CEO, and Chairman, will roll over a majority of his existing ownership and continue to lead the company. The transaction aims to support Zuora's growth and market leadership in the Subscription Economy, leveraging Silver Lake and GIC's expertise and resources.
Zuora, Inc. (NYSE: ZUO) has announced new capabilities to expedite usage-based pricing adoption for SaaS companies. The enhancements aim to help transform raw usage data into innovative pricing models and provide customers with increased visibility. This comes as nearly half of all companies studied implemented some form of usage-based pricing in the last three years, with many experiencing higher growth and retention.
The new features include:
- Advanced usage metering and rating capabilities for quick experimentation with pricing models
- An out-of-the-box customer portal for near real-time usage visibility
- Drag-and-drop widgets to monitor usage trends
- APIs to embed usage visibility in existing applications
These enhancements are particularly relevant as 53% of consumers surveyed consider usage-based pricing important for AI and GenAI services. Zuora's solution allows companies to rapidly integrate usage-pricing without replacing their billing system, significantly accelerating adoption.
Zuora, Inc. (NYSE: ZUO) has announced new AI enhancements for its media solution at Subscribed Live London. The company's AI paywall can now be activated instantly by customers, offering a deeper understanding of subscriber behavior to drive conversion and revenue growth. This advancement comes as media companies face increasing pressure in a competitive environment, where success depends on tailored offers delivered at the right time.
Zuora's AI paywall leverages reinforcement learning to continuously adapt subscriber acquisition strategies, dynamically adjusting access and offers based on specific interactions. The solution integrates easily with existing tech stacks and connects with over 30 extensions for the media industry. Customers using Zuora's AI-powered solution have seen up to a 54% increase in conversion and up to a 61% increase in revenue.
Zuora (NYSE: ZUO), a leading monetization suite for modern business, has announced that its Founder and CEO Tien Tzuo and CFO Todd McElhatton will participate in a fireside chat at the 2024 Goldman Sachs Communacopia + Technology Conference. The event is scheduled for Wednesday, September 11, 2024, at 3:05 p.m. Pacific Time in San Francisco.
This participation highlights Zuora's engagement with investors and industry leaders. The fireside chat will be webcast live and available for replay on Zuora's investor relations website at https://investor.zuora.com, providing an opportunity for stakeholders to gain insights into the company's strategies and outlook.
Zuora Revenue has been ranked No. 1 in Product and Strategy by MGI Research in their 2024 Automated Revenue Management (ARM) Buyer's Guide and MGI 360™ Ratings – Market Ratings Report. The company received the highest rating in solution strength and scored eleven points above the peer average.
MGI recognized Zuora Revenue for its:
- Ability to meet automation needs of complex enterprises
- Expanded vision of revenue automation
- Continued investment in reliability, scalability, and security
Zuora's platform supports various revenue models, including usage-based, subscriptions, one-time transactions, and hybrid offerings. The company was also recognized as a top-ranked billing solution in MGI Research's Agile Billing Top 50 Buyer's Guide and named a Leader in the 2024 Gartner® Magic Quadrant™ for Recurring Billing Applications.
Zuora (NYSE: ZUO) reported strong financial results for Q2 fiscal 2025. Subscription revenue grew 9% year-over-year to $104.1 million, while total revenue increased 7% to $115.4 million. The company achieved significant improvements in profitability, with GAAP operating margin increasing by 8 percentage points and non-GAAP operating margin rising by 13 percentage points year-over-year. Zuora's operating cash flow rose to $11.4 million, up from $5.4 million last year, and adjusted free cash flow increased to $12.2 million from $4.0 million. The company reached its goal to operate at a Rule of 30 two quarters ahead of plan, demonstrating its commitment to margin expansion and profitability in a challenging market.
Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern businesses, has announced the date for its second quarter fiscal 2025 earnings conference call. The company will report financial results for the quarter ended July 31, 2024, after market close on August 21, 2024. Zuora's management team will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the financial results and business highlights.
The earnings call details include toll-free and toll dial-in numbers, a conference ID, and replay information. A live webcast will be available on the company's investor relations website, with a replay accessible until August 21, 2025. Zuora provides monetization solutions for over 1,000 customers worldwide, including notable companies like BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric, and Zoom.
Zuora (NYSE: ZUO) has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Recurring Billing Applications, placing furthest in Completeness of Vision. The Zuora Monetization Suite enables companies to power diverse revenue models, including usage-based, subscription, and hybrid offerings.
Pete Hirsch, Chief Product and Technology Officer at Zuora, emphasized the company's role in predicting and leading the shift from one-time transactions to recurring revenue businesses. The Zuora platform provides flexible, modular software for billing, payments, and revenue accounting, designed to support any business model.
The Gartner Magic Quadrant offers a comparative view of technology providers in markets with high growth and distinct provider differentiation. Zuora's recognition reinforces its position as a leading solution for companies looking to evolve their monetization strategies in line with customer demand.
Zuora's study on AI and GenAI services adoption reveals key consumer trends:
- 28% of respondents currently use GenAI services, with adoption highest among Gen Z (50%) and lowest among Boomers/Seniors (9%)
- 53% of respondents prefer usage-based pricing for AI and GenAI services
- Early adopters show interest in outcome-based charges, particularly Gen Z
- 70% of respondents are unwilling to pay extra for embedded GenAI features, but Gen Z is split on this issue
The study suggests that aligning monetization strategies with perceived value and generational preferences could be key for companies looking to capitalize on AI and GenAI services.
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