Zuora, Inc. (NYSE:ZUO) Q3 2023 Earnings Conference Call December 6, 2022 5:00 PM ET

Corporate Participants

Luana Wolk - VP, IR

Tien Tzuo - Founder and Chief Executive Officer

Todd McElhatton - Chief Financial Officer

Robert Traube - President and Chief Revenue Officer

Conference Call Participants

Joshua Reilly - Needham

Chad Bennett - Craig-Hallum

Adam Hotchkiss - Goldman Sachs

Andrew DeGasperi - Berenberg

Luv Sodha - Jefferies

Operator

Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Zuora's Third Quarter Fiscal 2023 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions] Thank you.

Luana Wolk, VP of Investor Relations, you may begin your conference.

Luana Wolk

Thank you. Good afternoon, and welcome to Zuora's third quarter fiscal 2023 earnings conference call. On the call today, 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 also be joining us for the Q&A session.

During today's call, I'll make several 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 discussions of the material risks and 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 in today's press release. Our results, 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 third quarter fiscal 2023 earnings call. Q3 was yet another quarter, where we delivered on our guidance, we posted Q3 total revenue at the high-end of our outlook. And we exceeded guidance for subscription revenue in non-GAAP operating income.