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Fly News Breaks for November 30, 2018
ZUO
Nov 30, 2018 | 05:17 EDT
Jefferies analyst John DiFucci says Zuora easily exceeded fiscal Q3 expectations across all metrics and raised guidance for fiscal 2019 on the back of improving net retention and strong underlying business momentum. Further, he believes the company's net retention has improved to enterprise class, "even with material exposure to emerging businesses associated with the Subscription Economy." The analyst maintains a Buy rating on the shares with a $35 price target.
News For ZUO From the Last 2 Days
ZUO
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
ZUO
Apr 17, 2024 | 13:25 EDT
Zuora is exploring options that include a sale after receiving acquisition interest from potential suitors, people familiar with the matter told Reuters' Milana Vinn. Zuora's board has formed a special committee and the maker of subscription management software for businesses has tapped investment bank Qatalyst Partners to advise on discussions with potential acquirers, which include private equity firms, the report added.