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zuora NEWS RELEASE Zuora Reports Second Quarter Fiscal 2022 Results 8/25/2021 Subscription revenue grew 23 % year - over - year ; total revenue grew 15 % year - over - year REDWOOD CITY , Calif .-- ( BUSINESS WIRE ) -- Zuora , Inc. ( NYSE : ZUO ) , the leading cloud - based subscription management platform provider , today announced financial results for its fiscal second quarter ended July 31 , 2021 . " I'm very pleased with our Q2 results . We once again delivered a strong quarter exceeding our guidance for operating metrics including total revenue , subscription revenue and non - GAAP loss from operations . The improvement in our dollar - based retention rate is a clear indicator that our multi - product , land - and - expand strategy is working . We feel well - positioned and positive about the future based on the overall momentum and execution we have seen this quarter , " said Tien Tzuo , founder and CEO of Zuora . Second Quarter Fiscal 2022 Financial Results : Revenue : Total revenue was $ 86.5 million , an increase of 15 % year - over - year . Subscription revenue was $ 71.5 million , an increase of 23 % year - over - year . • GAAP Loss from Operations : GAAP loss from operations was $ 23.0 million , compared to a loss of $ 21.5 million in the second quarter of fiscal 2021 . • Non - GAAP Loss from Operations : Non - GAAP loss from operations was $ 3.9 million , compared to a non - GAAP loss from operations of $ 0.6 million in the second quarter of fiscal 2021 . GAAP Net Loss : GAAP net loss was $ 23.7 million , or 27 % of revenue , compared to a net loss of $ 20.1 million , or 27 % of revenue , in the second quarter of fiscal 2021. GAAP net loss per share was $ 0.19 based on 123.1 million weighted - average shares outstanding , compared to a net loss per share of $ 0.17 based on 116.8 million weighted - average shares outstanding in the second quarter of fiscal 2021 . • Non - GAAP Net Loss : Non - GAAP net loss was $ 4.6 million , compared to a non - GAAP net income of $ 0.8 million in the second quarter of fiscal 2021. Non - GAAP net loss per share was $ 0.04 based on 123.1 million weighted ● ● 1