secwatch.observer — SEC 8-K summary
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Issuer:     Zscaler, Inc. (ZS)
CIK:        0001713683
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001713683-23-000156
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zscaler Q1 FY2024 revenue $496.7M (+40% YoY); non-GAAP EPS $0.67 beats guidance
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- Revenue $496.7M (+40% YoY); GAAP net loss $33.5M vs. $68.2M loss YoY; non-GAAP net income $106.5M (+142%).
- Non-GAAP EPS $0.67 vs. $0.29 YoY; cash from ops $260.8M (53% of revenue); free cash flow $224.7M (45% of revenue).
- Q2 FY24 guidance: revenue $505-507M; non-GAAP EPS ~$0.57-0.58. Full year FY24 revenue ~$2.09-2.10B.
- Appointed Mike Rich as CRO and Joyce Kim as CMO; also appointed Chief AI Officer to drive AI/ML innovation.
- Calculated billings grew 34% YoY to $456.6M; deferred revenue $1.4B (+39% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713683/000171368323000156/0001713683-23-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713683/000171368323000156/zs-20231127.htm
  HTML page:      https://secwatch.observer/filing/0001713683-23-000156

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