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Zscaler (ZS) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-05-31 06:21
Zscaler (ZS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 35.38%. A quarter ago, it was expected that this cloudbased information security provider would post earnings of $0.58 per share when it actually produced earnings of $0.76, delivering a surprise of 31.03%. Over the last fou ...
Zscaler(ZS) - 2024 Q3 - Earnings Call Presentation
2024-05-31 04:16
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Zscaler(ZS) - 2024 Q3 - Quarterly Results
2024-05-31 04:06
Exhibit 99.1 Zscaler Reports Third Quarter Fiscal 2024 Financial Results Third Quarter Highlights • Revenue grows 32% year-over-year to $553.2 million • Calculated billings grows 30% year-over-year to $628.0 million • Deferred revenue grows 34% year-over-year to $1,577.0 million • GAAP net income of $19.1 million compared to GAAP net loss of $46.0 million on a year-over-year basis • Non-GAAP net income of $139.8 million compared to non-GAAP net income of $74.6 million on a year-over-year basis SAN JOSE, Cal ...
Zscaler Reports Third Quarter Fiscal 2024 Financial Results
GlobeNewswire News Room· 2024-05-31 04:05
Third Quarter Highlights Revenue grows 32% year-over-year to $553.2 million Calculated billings grows 30% year-over-year to $628.0 million Deferred revenue grows 34% year-over-year to $1,577.0 million GAAP net income of $19.1 million compared to GAAP net loss of $46.0 million on a year-over-year basis Non-GAAP net income of $139.8 million compared to non-GAAP net income of $74.6 million on a yearover-year basis SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (Nasdaq: ZS), the leader in clou ...
Persistent Systems Selects Zscaler to Launch Technology Modernization and Renewable Energy Initiatives
globenewswire.com· 2024-05-30 15:01
SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, announced that Persistent Systems, a global organization delivering digital engineering enterprise modernization services and solutions, is leveraging the Zscaler Zero Trust ExchangeTM cloud security platform to drive its zero trust initiatives while concurrently expanding its business operations and achieving their environmental sustainability objectives. One of the fastest-growing IT services brand ...
Persistent Systems Selects Zscaler to Launch Technology Modernization and Renewable Energy Initiatives
Newsfilter· 2024-05-30 15:01
SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced that Persistent Systems, a global organization delivering digital engineering enterprise modernization services and solutions, is leveraging the Zscaler Zero Trust ExchangeTM cloud security platform to drive its zero trust initiatives while concurrently expanding its business operations and achieving their environmental sustainability objectives. One of the fastest-growing IT services brands ...
Zscaler Appoints Veteran Finance Executive James Beer to its Board of Directors
Newsfilter· 2024-05-29 04:30
SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of James Beer to its Board of Directors and also to the audit committee of the Board of Directors. Following the appointment of Mr. Beer, the Zscaler board of directors consists of eight members. "Mr. Beer brings extensive expertise in leading complex finance organizations at large-scale enterprises across multiple industries and will be a valuable asset in helping adva ...
Zscaler Appoints Veteran Finance Executive James Beer to its Board of Directors
globenewswire.com· 2024-05-29 04:30
SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of James Beer to its Board of Directors and also to the audit committee of the Board of Directors. Following the appointment of Mr. Beer, the Zscaler board of directors consists of eight members. "Mr. Beer brings extensive expertise in leading complex finance organizations at large-scale enterprises across multiple industries and will be a valuable asset in helping adv ...
Is Zscaler (ZS) Stock Worth Buying Ahead of Q3 Earnings?
zacks.com· 2024-05-28 21:51
Zscaler (ZS) is scheduled to release third-quarter fiscal 2024 results on May 30. Zscaler, a leader in the zero-trust security model, has demonstrated strong financial performance and innovative advancements. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 28.2%. For the third quarter, Zscaler projects total revenues between $534 million and $536 million. The Zacks Consensus Estimate is pegged at $535.6 million, which indicates ...
Unlocking Q3 Potential of Zscaler (ZS): Exploring Wall Street Estimates for Key Metrics
zacks.com· 2024-05-24 22:23
Wall Street analysts expect Zscaler (ZS) to post quarterly earnings of $0.65 per share in its upcoming report, which indicates a year-over-year increase of 35.4%. Revenues are expected to be $535.55 million, up 27.9% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to ...