Zuora reported a solid second quarter with subscription revenue growing 9% year-over-year and achieving its Rule of 30 goal two quarters ahead of plan. The company remains committed to margin expansion and profitability.
Zuora reported a 6% increase in total revenue, reaching $109.8 million, with subscription revenue growing by 10% year-over-year. The company's GAAP loss from operations significantly improved, and non-GAAP income from operations showed substantial growth. Operating cash flow and adjusted free cash flow also increased significantly compared to the previous year.
Zuora reported Q4 fiscal year 2024 results, featuring a 7% increase in total revenue year-over-year to $110.7 million and a GAAP net loss of $20.8 million, or 19% of revenue. The company improved adjusted free cash flow by $72 million and expanded non-GAAP operating margin by 10 percentage points for the full year.
Zuora reported a solid second quarter, achieving 9% year-over-year revenue growth and demonstrating progress in its strategy to capitalize on the increasing adoption of recurring revenue models.
Zuora reported a strong start to fiscal year 2024, with revenue exceeding guidance and significant progress towards profitability. Subscription revenue grew by 14% year-over-year (18% on a constant currency basis), and total revenue increased by 11% year-over-year (14% on a constant currency basis). The company also achieved its lowest churn rates in history.
Zuora reported solid Q4 2023 results, exceeding guidance in revenue, free cash flow, net dollar retention, and non-GAAP operating income. Total revenue increased by 14% year-over-year, with subscription revenue up by 16%. The company continues to execute its land and expand strategy, focusing on billing, revenue, and subscription management solutions.
Zuora reported a solid second quarter for fiscal year 2023, exceeding guidance across key financial metrics. Subscription revenue grew by 17% year-over-year, and total revenue increased by 14% year-over-year.
Zuora's first quarter fiscal 2023 demonstrated the resilience of the recurring revenue model with total revenue increasing 16% year-over-year to $93.2 million and subscription revenue increasing 21% year-over-year to $78.5 million.
Zuora announced a $400 million strategic investment from Silver Lake to accelerate growth and extend leadership in the subscription economy. The partnership reinforces Zuora’s leadership position and will empower Zuora to accelerate growth, including potential targeted acquisitions to expand its quote-to-revenue product portfolio.
Zuora reported a 15% year-over-year increase in total revenue, reaching $86.5 million, and a 23% increase in subscription revenue, which hit $71.5 million. The dollar-based retention rate improved to 108%. However, the company experienced a GAAP loss from operations of $23.0 million and a non-GAAP loss from operations of $3.9 million.
Zuora reported a solid start to the year, exceeding expectations across key operating metrics and driving significant improvement on net dollar retention. Total revenue was $80.3 million, an increase of 9% year-over-year, and subscription revenue was $65.1 million, an increase of 14% year-over-year.
Zuora reported a strong finish to the year, exceeding expectations across its operating results. Total revenue was $79.3 million, an increase of 13% year-over-year, and subscription revenue was $65.1 million, an increase of 19% year-over-year.
Zuora reported an 8% year-over-year increase in total revenue, reaching $75.0 million, and a 15% year-over-year increase in subscription revenue, which was $58.3 million. The company's GAAP net loss was $20.1 million, while non-GAAP net loss was significantly reduced to $0.2 million. The company provided guidance for the third quarter of fiscal year 2021.
Zuora reported a 15% year-over-year increase in total revenue, reaching $73.9 million, and a 20% increase in subscription revenue, which amounted to $56.9 million. The company's GAAP net loss was $17.5 million, or 24% of revenue, while non-GAAP net loss was $7.5 million.
Zuora announced financial results for its fiscal fourth quarter and full year ended January 31, 2020. Total revenue was $70.4 million, an increase of 11% year-over-year. Subscription revenue was $54.6 million, an increase of 21% year-over-year.