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Zuora rallies more than 13% after quarterly sales top estimates

Zuora rallies more than 13% after quarterly sales top estimates

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Shares of Zuora Inc. ZUO, -0.12% rose more than 13% in the extended session Wednesday after the enterprise software company reported fiscal second-quarter sales above expectations and a per-share loss that matched forecasts. Zuora said it lost $23.7 million, 19 cents a share, in the quarter, compared with a loss of $20.1 million, or 17 cents a share, in the year-ago quarter.

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