Zuora, Inc. (ZUO)
After hours:
| Previous close | 9.46 |
| Open | 9.60 |
| Bid | 9.29 x 3200 |
| Ask | 9.27 x 2200 |
| Day's range | 9.22 - 9.65 |
| 52-week range | 7.05 - 12.12 |
| Volume | |
| Avg. volume | 1,607,333 |
| Market cap | 1.353B |
| Beta (5Y monthly) | 1.90 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.49 |
| Earnings date | 22 May 2024 - 27 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 11.57 |
Barrons.comZuora Stock Spikes on Report It Could Be Acquired
Shares of Zuora spiked 14% on Wednesday after a media report that said the provider of subscription management software has received acquisition offers. The company has hired investment bank Qatalyst Partners “after receiving acquisition interest from potential suitors,” including private equity firms, Reuters reported. Zuora didn’t immediately respond to a request for comment.
BloombergSoftware Firm Zuora Explores Options, Including Sale
(Bloomberg) -- Zuora Inc. is exploring options including a potential sale, people with knowledge of the matter said.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for Ditching New JobsThe California-based software company is working with advisers as it seeks to gauge
- Reuters
Exclusive-Billing software firm Zuora explores sale after takeover interest, sources say
NEW YORK (Reuters) -Zuora, which makes subscription management software for businesses, is exploring options that include a sale after receiving acquisition interest from potential suitors, according to people familiar with the matter. Redwood City, California-based Zuora has tapped investment bank Qatalyst Partners to advise on discussions with potential acquirers, which include private equity firms, the sources said. Zuora's board has formed a special committee comprising independent directors to handle the company's discussions on a deal to allow for the possibility that its CEO and founder Tien Tzuo and some other large shareholders may participate in the transaction, one of the sources said.
