Four analysts polled by Capital IQ expected a loss of $0.01 per share.
Revenue for the quarter ended April 30 rose to $93.2 million from $80.3 million a year earlier. The analysts' estimate was $92.2 million.
For fiscal Q2, the company expects a non-GAAP net loss of $0.06 to $0.05 per share on revenue of $96.5 million to $98.5 million. The consensus is for a normalized loss of $0.02 per share on revenue of $99.5 million.
For fiscal 2023, Zuora said it now expects a non-GAAP net loss of $0.19 to $0.15 per share, compared with its previous guidance of a loss of $0.07 to $0.03 per share. It also expects fiscal 2023 revenue of $402 million to $406 million, unchanged from its prior outlook.
Analysts are looking for a normalized loss of $0.05 per share and $403.4 million in revenue.
Zuora shares were down 2% in after-hours trading.
Price: 9.63, Change: +0.09, Percent Change: +0.94
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