Zuora first filed to go public in March. Its competitors include Oracle and SAP. Apttus, another rival, has been planning to go public. Goldman Sachs, Morgan Stanley, Allen & Co. and Jefferies were among the underwriters for the public offering.
A common question we ran across in our research was “What does zuora do?”.
One answer is zuora is an enterprise software company that creates and provides software for businesses to launch and manage their subscription-based services. Zuora’s applications are designed to automate recurring billing, collections, quoting, revenue recognition, and subscription metrics. Tien Tzuo, a founder of the company, has served as its CEO since 2007.
Zuora creates cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business. Zuora is the only technology solutions provider that offers complete Order-to-Revenue capabilities for modern businesses.
Cloud computing firm Zuora jumped almost 43 percent in its first day of trading on the public market. The stock opened at $20 a share, above its Wednesday night pricing of $14 a share, and held those gains to close flat on Thursday at $20.
Who are Zuora’s competitors?
The company reported a net loss of $47.2 million for the year ended Jan. 31, on revenue of $167.9 million, which was up about 49 percent from a year ago. Zuora first filed to go public in March. Its competitors include Oracle and SAP. Apttus, another rival, has been planning to go public.
What is Zuora subscription economy?
In Subscription Economy, Zuora’s CPQ solution has inclusion and exclusion rules for Io. T, dynamic calculation,… Zuora Enables Subscriptions to Engage… Zuora has been growing rapidly in providing relationship business management applications to address needs in….
What is Zuora Billing product line?
Zuora’s Billing Product Line is a set of applications designed for subscription businesses. Zuora’s platform keeps track of subscription payments, invoices, pricing, product catalogs, and taxation.
Some authors claimed zuora is the only technology solutions provider that offers complete Order-to-Revenue capabilities for modern businesses. Now, you can manage quotes, orders, billing, and revenue recognition for the entire customer lifecycle on a single platform.
What is the ticker symbol for Zuora?
The company listed its $154 million initial public offering on the New York Stock Exchange under the ticker symbol ” ZUO. “. Zuora priced its 11 million shares at $14 on Wednesday, above a revised expected range of $11 to $13.