Zscaler (ZS) Tops Q3 EPS by 6c; Guides Above

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Go back to Zscaler (ZS) Tops Q3 EPS by 6c; Guides Above

Zscaler (ZS) Reports Q3 Revenue of $286.8M, EPS of $0.17

May 26, 2022 4:12 PM EDT

Zscaler, Inc. (Nasdaq: ZS) today announced financial results for its third quarter of fiscal year 2022, ended April 30, 2022.

"Enterprises continue to consolidate point products in favor of our integrated Zero Trust security platform, resulting in larger, multi-year commitments to Zscaler. We delivered 63% revenue growth and 54% billings growth, while also generating a strong free cash flow margin of 15% for the third quarter. As a result of increasing demand, we are also raising our fiscal year guidance on all financial metrics, said Jay Chaudhry, Chairman and CEO of Zscaler. Demanding enterprises look to... More