earnings
confidence high
sentiment positive
materiality 0.80
Zscaler Q3 FY2024 revenue $553.2M (+32% YoY), turns profitable; guides Q4 $565-567M
Zscaler, Inc.
2024-Q3 EPS reported
-$0.29
revenue$1,574,903,000
- Revenue $553.2M (+32% YoY); GAAP net income $19.1M vs loss of $46.0M; Non-GAAP EPS $0.88 vs $0.48.
- Calculated billings $628M (+30% YoY); deferred revenue $1.577B (+34%).
- Cash from ops $173.4M (31% rev); free cash flow $123.1M (22% rev).
- Q4 FY2024 revenue guidance $565-567M; non-GAAP EPS $0.69-0.70; FY24 billings guidance $2.603-2.606B.
- Board expands to 8, appoints James Beer (former Atlassian CFO) to board and audit committee.