Eylon Liani's questions to ZUO leadership • Q3 2024
Question
Questioned the year-over-year decline in net new ARR and sought confidence in the Q4 sequential improvement, while also asking for an update on the progress of landing smaller initial deals.
Answer
Management expressed confidence in hitting their ~12% full-year ARR growth target, citing consistent quarterly increases and a supportive pipeline. They confirmed the strategy of pursuing smaller initial lands is working well, as the modularity of their products (Billing, Revenue, Zephr) offers customers flexibility, which has been a key part of their growth story this year.