Zuora Q4 2020 Earnings Report
Key Takeaways
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.
Fourth quarter subscription revenue grew 21% year-over-year
Full year subscription revenue grew 25% year-over-year
Customers with annual contract value (ACV) equal to or greater than $100,000 increased to 624 customers, or 19% year-over-year
Dollar-based retention rate was 104%.
Zuora
Zuora
Zuora Revenue by Segment
Forward Guidance
Zuora expects the following results for the first quarter and full fiscal year 2021: First Quarter Fiscal 2021 Subscription revenue $55.5M - $56.5M $239.0M - $243.0M Total revenue $70.5M - $73.0M $300.0M - $307.0M Non-GAAP loss from operations $(12.0M) - $(10.5M) $(33.0M) - $(28.0M) Non-GAAP net loss per share1 $(0.11) - $(0.10) $(0.29) - $(0.25)
Revenue & Expenses
Visualization of income flow from segment revenue to net income