Zuora Inc. (NYSE:ZUO) Faces Legal Challenges Ahead…
From Financial Modeling Prep: 2024-12-03 01:00:04
Zuora Inc. (NYSE:ZUO) is set to announce its quarterly earnings with an expected EPS of $0.11 and revenue of around $116 million on December 4, 2024. The company is currently facing investigations by The Schall Law Firm for potential breaches of fiduciary duty and Kaskela Law LLC for securities law violations related to a buyout offer by Silver Lake.
Zuora offers cloud-based subscription software for businesses to manage billing and revenue operations. Financially, the company has a price-to-sales ratio of 3.24 and an enterprise value to sales ratio of 3.62. However, challenges include a high enterprise value to operating cash flow ratio of 184.09 and significant debt levels indicated by a debt-to-equity ratio of 1.94. Despite this, Zuora maintains a current ratio of 2.77 for strong liquidity.
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