Zscaler (NASDAQ: ZS) reported Q1 EPS of $0.01, $0.06 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $63.3 million versus the consensus estimate of $58.65 million.

"We are executing on our vision and seeing good momentum in our business, as reflected in our strong first quarter financial results and increased outlook for the second quarter and full year fiscal 2019. We are seeing significant demand for our high-end Transformation bundle as well as rapid growth in Zscaler Private Access, as more enterprises embrace cloud transformation,” said Jay Chaudhry, Chairman and CEO of Zscaler. "We are very pleased with our operating results, which demonstrate the leverage in our business model. Going forward, we will continue to aggressively invest in our business to pursue our large market opportunity."

GUIDANCE:

Zscaler sees FY2019 EPS of ($0.03)-($0.01), versus the consensus of ($0.12). Zscaler sees FY2019 revenue of $268-272 million, versus the consensus of $258.79 million.

For earnings history and earnings-related data on Zscaler (ZS) click here.