Financial Performance - Revenue for the fourth quarter grew 30% year-over-year to $592.9 million [1][3] - Calculated billings increased 27% year-over-year to $910.8 million [1][29] - Deferred revenue rose 32% year-over-year to $1,895.0 million [1][29] - GAAP net loss decreased to $14.9 million from $30.7 million year-over-year [1][3] - Non-GAAP net income increased to $140.6 million from $100.9 million year-over-year [1][3] - Cash provided by operations was $203.6 million, or 34% of revenue, compared to 30% in the same quarter last year [3][29] - Free cash flow was $136.3 million, or 23% of revenue, compared to 22% in the same quarter last year [3][29] Full Year Highlights - Total revenue for fiscal 2024 was $2,167.8 million, a 34% increase year-over-year [4] - GAAP net loss for the full year was $57.7 million, down from $202.3 million in fiscal 2023 [4] - Non-GAAP net income for the full year was $508.1 million, compared to $277.0 million in fiscal 2023 [4] - Cash provided by operations for the full year was $779.8 million, or 36% of revenue, compared to 29% in fiscal 2023 [4] Business Developments - The company surpassed half a trillion daily transactions, reinforcing its leadership in the Zero Trust cloud security market [5] - Collaborated with Google Chrome Enterprise to enhance secure access and data protection for enterprise users [6] - Launched innovations in AI Data Protection, enhancing its capabilities to protect data across various channels [7] - Announced a partnership with NVIDIA to accelerate AI-powered security services for enterprises [8] Future Outlook - For Q1 fiscal 2025, the company expects revenue between $604 million and $606 million [10] - For the full year fiscal 2025, projected revenue is approximately $2.60 billion to $2.62 billion [10] - Non-GAAP net income per share for fiscal 2025 is expected to be between $2.81 and $2.87 [10] Changes in Financial Reporting - Effective August 1, 2024, the company will use a long-term projected non-GAAP tax rate of 23% for non-GAAP net income calculations [9][35]

Zscaler, Inc. ZS is set to release earnings results for its fourth quarter, after the closing bell on Tuesday, Sept. 3. Analysts expect the San Jose, California-based company to report quarterly earnings at 69 cents per share, up from 64 cents per share in the year-ago period. Zscaler projects to report quarterly revenue of $567.93 million for the quarter, up from $455.01 million in the year-ago quarter, according to data from Benzinga Pro. On June 11, Zscaler, and NVIDIA Corporation NVDA, two major players ...

Zscaler Inc ZS will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 69 cents in EPS and $567.93 in revenues as the company reports after market hours. The stock is up 22.88% over the past year, down 5.83% YTD. Let's look at what the charts indicate for Zscaler stock and how the stock currently maps against Wall Street estimates. Strong Bullish Momentum Driving Zscaler Stock Ahead Of Q4 Earnings Zscaler stock is currently showing strong bullish momentum, with its share price of $199. ...

Zscaler (ZS) is scheduled to report fourth-quarter fiscal 2024 results on Sep. 3 after market close. For the fourth quarter, Zscaler projects total revenues between $565 million and $567 million. The Zacks Consensus Estimate is pegged at $567.6 million, which indicates growth of 24.8% from the year-ago quarter's level. Zscaler anticipates non-GAAP earnings per share (EPS) between 69 cents and 70 cents. The Zacks Consensus Estimate for fourth-quarter non-GAAP EPS has remained unchanged at 69 cents over the p ...

T Th t p I i r hapabapa Investment thesis My previous bullish thesis about Zscaler (NASDAQ:ZS) was an earnings preview. This aged well as the stock rallied by 23% since May 29, significantly outperforming the S&P 500. The company reports its quarterly carnings soon, and today I want to share my earnings preview again. There are several strong factors that support a long-term bullish outlook. On the other hand, the stock prive might face a few headwinds soon. The sentiment around growth stocks is highly like ...

The cybersecurity company's upcoming quarterly report will be a high-stakes event for its shareholders. It's been a wild ride for Zscaler (ZS -0.30%) investors so far in 2024. While shares of the zero-trust cloud cybersecurity innovator gained more than 40% over the past year, they are also down by about 25% from their 52-week high. There's plenty of enthusiasm about the growth potential from the company's initiatives integrating artificial intelligence (AI) across its platform. On the other hand, the stock ...

Zscaler (ZS) closed the most recent trading day at $197.82, moving -0.81% from the previous trading session. This change lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.85%. The cloud-based information security provider's shares have seen an increase of 9.96% over the last month, surpassing the Computer and Technology sector's loss of 1% and the S&P 500's gain of 1.52%. Investors will be eagerly watching for the performance of Zscaler in its upco ...

In the latest trading session, Zscaler (ZS) closed at $195.50, marking a +1.35% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%. Shares of the cloud-based information security provider have appreciated by 2.31% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.36% and the S&P 500's loss of 1.85%. The upcoming earnings release of Zscaler wi ...

SAN JOSE, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company is scheduled to present at upcoming investor conferences. Details for each event are as follows: Citi Global TMT Conference in New York City Thursday, September 5th, 2024 8:40 a.m. PT (11:40 a.m. ET) Goldman Sachs Communacopia + Technology Conference in San Francisco Wednesday, September 11th, 2024 9:30 a.m. PT (12:30 p.m. ET) Wolfe Research TMT Conference in San Fra ...

Zscaler, Inc. (ZS) , a leader in zero-trust cybersecurity, has recently seen its stock price take a significant hit, plunging nearly 16% in the past month. This sharp decline exceeds the broader market's performance, with the S&P 500 down 5.5% and the Zacks Computer and Technology sector dropping 10.4%. The primary driver behind this decline is the broader market sell-off, fueled by macroeconomic concerns. Investors are jittery due to uncertainty around the Federal Reserve's interest rate policies and fears ...