earnings
confidence high
sentiment positive
materiality 0.75
Zscaler Q1 FY2022 revenue +62% to $230.5M; billings +71%; raises FY2022 revenue outlook to $1.0-1.01B
Zscaler, Inc.
2021-Q1 EPS reported
-$0.65
revenue$230,517,000
- Revenue $230.5M (+62% YoY); GAAP net loss $90.8M ($0.65 loss per share) vs $55.0M loss a year ago.
- Non-GAAP net income $21.0M ($0.14 EPS), flat YoY; calculated billings $247.7M (+71% YoY).
- Deferred revenue $647.8M (+74% YoY); cash from ops $93.3M (40% of rev), free cash flow $83.4M (36% of rev).
- Q2 FY2022 revenue guidance $240-242M; full-year FY2022 revenue guidance raised to $1.00-1.01B.
- Business highlights: DoD authorization at IL5 for ZPA; expanded integrations with CrowdStrike and Siemens.