Zuora

General Information
Business:

 

We provide cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business.Today, consumers and businesses are realizing that they no longer have to always buy products. Why buy a DVD, CD, movie, or song when you can subscribe to streaming video and music services? Why buy software or hardware when you can subscribe to software-as-a-service or cloud computing services? Why buy a car when you can subscribe to ride-sharing services? Ten years ago, we coined the term the “Subscription Economy” to describe this new world. We foresaw a new business landscape in which traditional product or service companies shift toward subscription business models. Our vision redefines subscriptions in a broader context than a simple monthly fee. Our vision reflects the wide range of business models in the Subscription Economy, where products and services can be priced based on usage, consumption, and outcomes, and the value of a company’s relationships with its customers is critical. Forrester Research has defined this as “The Age of the Customer,” a 20-year business cycle in which the most successful enterprises will reinvent themselves to systematically understand and serve increasingly powerful customers.

Industry: PREPACKAGED SOFTWARE
Employees: 933
Founded: 2006
Contact Information
Address 3050 South Delaware Street, Suite 301, San Mateo, CA 94403, US
Phone Number (800) 425-1281.
Web Address http://www.zuora.com
View Prospectus: Zuora
Financial Information
Market Cap $1449.1mil
Revenues $167.9 mil (last 12 months)
Net Income $-47.2 mil (last 12 months)
IPO Profile
Symbol ZUO
Exchange NYSE
Shares (millions): 11.0
Price range $14.00 - $14.00
Est. $ Volume $154.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ Allen & Company/ Jefferies
CO-Managers Canaccord Genuity/ Needham & Company
Expected To Trade: 4/12/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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