Zscaler (ZS) Tops Q1 EPS by 3c, Guidance Beats

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Zscaler Reports First Quarter Fiscal 2023 Financial Results

December 1, 2022 4:05 PM EST

First Quarter Highlights

Revenue grows 54% year-over-year to $355.5 millionCalculated billings grows 37% year-over-year to $340.1 millionDeferred revenue grows 55% year-over-year to $1,005.7 millionGAAP net loss of $68.2 million compared to GAAP net loss of $90.8 million on a year-over-year basis Non-GAAP net income of $44.0 million compared to non-GAAP net income of $21.0 million on a year-over-year basis... More