Zuora, Inc. (NYSE:ZUO) Q1 2024 Earnings Conference Call May 24, 2023 5:00 PM ET

Company Participants

Luana Wolk - Vice President, Investor Relations

Tien Tzuo - Founder and CEO

Todd McElhatton - Chief Financial Officer

Robbie Traube - President and CRO

Conference Call Participants

Joseph Vafi - Canaccord

Josh Reilly - Needham & Company

Adam Hotchkiss - Goldman Sachs

Chad Bennett - Craig-Hallum

Andrew DeGasperi - Berenberg

Luv Sodha - Jefferies

Jacob Stephan - Lake Street Capital Markets

Nick Mattiacci - Craig-Hallum

Operator

Hello. And welcome to the Zuora Fiscal Year 2024 Q1 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Luana Wolk, Vice President. Please go ahead.

Luana Wolk

Thank you. Good afternoon. And welcome to Zuora’s first quarter fiscal 2021 earnings conference call. On the call, we have Tien Tzuo, Zuora’s Founder and Chief Executive Officer; and Todd McElhatton, Zuora’s Chief Financial Officer. Robbie Traube, our President and Chief Revenue Officer, will be joining us for the Q&A session.

During today’s call, we will make statements that represent our expectations and beliefs concerning future events that may be considered forward-looking under federal securities laws. These statements reflect our views only as of today and should not be relied upon as representative of our views as of any subsequent date.

We disclaim any obligation to update any forward-looking statements or outlook. These statements are subject to several risks and uncertainties that could cause actual results to differ materially from expectations. For further discussion of the material risks and other important factors that could affect our financial results, please refer to our filings with the SEC.

And finally, unless otherwise noted, all numbers except revenue mentioned today are non-GAAP. You can find a reconciliation from GAAP to non-GAAP results for both the current and the prior year periods in today’s press release. Our press release and a replay of today’s call can be found on Zuora’s Investor Relations website at investor.zuora.com.

Now I’ll turn the call over to you, Tien.

Tien Tzuo

Thank you, Luana, and thank you everyone for joining us. Welcome to Zuora’s first quarter fiscal 2024 earnings call. I am pleased with our execution in Q1 and our solid start to the year. We executed well on the strategy that has guided us for the last few years. We came in ahead of guidance on both the top and bottomline and we also made great strides towards the profitability and cash flow goals that we set out at the start of the year.