REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Zuora Inc. (ZUO) on Wednesday reported a loss of $13.7 million in its fiscal first quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 9 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 11 cents per share.
The enterprise software company posted revenue of $109.8 million in the period.
For the current quarter ending in July, Zuora expects its per-share earnings to range from 9 cents to 10 cents.
The company said it expects revenue in the range of $111.5 million to $113.5 million for the fiscal second quarter.
Zuora expects full-year earnings in the range of 41 cents to 43 cents per share, with revenue ranging from $451 million to $459 million.
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