Zscaler pre-announces Q3 revenue above guidance; raises full-year outlook

Zscaler, Inc.

2023-Q3 EPS reported -$1.19 revenue$1,161,946,000

Preliminary Q3 revenue $415-419M vs prior guidance $396-398M.
GAAP loss from operations $55-59M; non-GAAP loss $60-64M (prior guidance $55-56M).
Calculated billings ~$478-482M, up 38-39% YoY.
Full-year revenue guidance raised to $1,587-1,591M from $1,558-1,563M.
Full-year calculated billings guidance raised to $1,970-1,974M from $1,935-1,945M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zscaler, Inc. reported third fiscal quarter ended April 30, 2023 results: revenue $415 million to $419 million.

Period: third fiscal quarter ended April 30, 2023
Revenue: $415 million to $419 million
Result: preliminary results

Exact text from the filing

call." Based on our preliminary review, we expect to report the following results for the third quarter ended April 30, 2023: Preliminary Results Prior Guidance Revenue $415 million to $419 million $396 million to $398 million GAAP loss from operations $59 million to $55 million Not provided Non-GAAP loss from operations $60 million to $64 million $55

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zscaler, Inc. reported full year fiscal 2023 results: revenue $1,587 million to $1,591 million. Guidance raised.

Period: full year fiscal 2023
Revenue: $1,587 million to $1,591 million
Guidance: raised
Result: guidance update

Exact text from the filing

$482 million, an increase of approximately 38% to 39% year-over-year. We expect full year fiscal 2023 results to exceed prior guidance: Updated Guidance Prior Guidance Revenue $1,587 million to $1,591million $1,558 million to $1,563 million Calculated billings $1,970 million to $1,974 million $1,935 million to $1,945 million Non-GAAP loss from operations (*) $220

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Source: SEC EDGAR

accession 0001713683-23-000049

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