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ZUO - Zuora Has Upside Potential But Risks Exist Hold
April, 16 2024 12:18 AM
Zuora Inc. Class A
2024-04-16 00:18:09 ET
Summary FY24 results were decent, but growth was hindered by issues like unexpected churn and prolonged sales cycles. The focus on cost and operating efficiency resulted in gross margin and operating margin expansion as management targets profitability. The firm is trading at EV/Sales of 2.6x, significantly below peers, due to below-average growth. The current cash runway of approximately 8 quarters underscores the importance of achieving profitability. I rate Zuora as a hold for now.
Investment Thesis For further details see:
Zuora Has Upside Potential But Risks Exist, Hold
Stock Information
Company Name:
Zuora Inc. Class A
Stock Symbol:
ZUO
Market:
NYSE
Website:
zuora.com
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