Author: Kendall Potts

Crude Heads for Worst Month in Six on Concern Worsening Global Trade Environment to Undermine Demand

Crude Heads for Worst Month in Six on Concern Worsening Global Trade Environment to Undermine Demand

Crude headed for the second week of declines in May as President Donald Trump’s threats to impose tariffs on Mexico, which is the largest recipient of US oil exports, added to concern that a worsening trade environment would undermine global energy demand. West Texas Intermediate crude futures fell by $1.94 intraday to $54.65, a 3.4% decline. Brent also fell, in […]

Zuora Touches Record Low After Guiding Q2, FY20 Revenue Below Street Views

Zuora Touches Record Low After Guiding Q2, FY20 Revenue Below Street Views

Zuora (ZUO) Thursday night announced a non-GAAP net loss of $0.11 per share for its Q1 ended April 30, improving on a $0.29 per share adjusted loss during the same quarter last year and beating the Capital IQ consensus looking for a $0.13 per share normalized net loss. Revenue grew 22% year over year to $64.1 million, matching the Street […]