=Zuora (ZUO) reported earnings on Thur 31 May 2018 (a/h)

Zuora beats by $0.08, beats on revs; guides Q2 EPS and revs above consensus; guides FY19 EPS and rev above consensus 

• Reports Q1 (Apr) loss of $0.32 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of ($0.40); revenues rose 60.1% year/year to $51.7 mln vs the $48.97 mln Capital IQ Consensus. Subscription revenue was $36.1 million, an increase of 39% year-over-year.
• Co issues upside guidance for Q2, sees EPS of ($0.16-0.15), excluding non-recurring items, vs. ($0.17) Capital IQ Consensus Estimate; sees Q2 revs of $53.5-54.5 mln vs. $51.33 mln Capital IQ Consensus Estimate.
• Co issues upside guidance for FY19, sees EPS of ($0.62-0.59), excluding non-recurring items, vs. ($0.65) Capital IQ Consensus Estimate; sees FY19 revs of $220-223 mln vs. $213.51 mln Capital IQ Consensus Estimate.