Zscaler (ZS) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q & FY21 Revenue Guidance Above Consensus
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
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- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Zscaler Reports Second Quarter Fiscal 2021 Financial Results
February 25, 2021 4:05 PM ESTSecond Quarter Highlights
Revenue grows 55% year-over-year to $157.0 millionCalculated billings grows 71% year-over-year to $232.0 millionDeferred revenue grows 60% year-over-year to $446.8 millionGAAP net loss of $67.5 million compared to GAAP net loss of $29.2 million on a year-over-year basis Non-GAAP net income of $14.0 million compared to non-GAAP net income of $13.5 million on a year-over-year basisSAN... More