Zscaler (NASDAQ: ZS) reported Q2 EPS of $0.09, $0.10 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $74.3 million versus the consensus estimate of $66.27 million.

• Revenue grows 65% year-over-year to $74.3 million
• Calculated billings grow 74% year-over-year to $115.0 million
• Deferred revenue grows 73% year-over-year to $206.0 million
• GAAP net loss of $3.6 million compared to GAAP net loss of $6.5 million on a year-over-year basis
• Non-GAAP net income of $11.6 million compared to Non-GAAP net loss of $2.8 million on a year-over-year basis

"Our strong second quarter results demonstrate our ability to drive rapid growth and profitability while investing in our business," said Jay Chaudhry, Chairman and CEO of Zscaler. "We are seeing success in disrupting the traditional network security market, with a globally distributed cloud security platform that consistently applies policies and protections no matter the device or location. We are increasingly viewed as a strategic foundation to our customers' network and security transformation towards a cloud and mobile first world."

GUIDANCE:

Zscaler sees Q3 2019 EPS of $0.01, versus the consensus of ($0.02). Zscaler sees Q3 2019 revenue of $74-75 million, versus the consensus of $67.98 million.

Zscaler sees FY2019 EPS of $0.11-$0.13, versus the consensus of $0.07. Zscaler sees FY2019 revenue of $289-291 million, versus the consensus of $353.55 million.

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