Zscaler (ZS) down as decelerating NRR overshadows Q2 beat and raised outlook
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Zscaler Reports Second Quarter Fiscal 2024 Financial Results
February 29, 2024 4:05 PM ESTSecond Quarter Highlights
Revenue grows 35% year-over-year to $525.0 millionCalculated billings grows 27% year-over-year to $627.6 millionDeferred revenue grows 35% year-over-year to $1,502.2 millionGAAP net loss of $28.5 million compared to GAAP net loss of $57.5 million on a year-over-year basis Non-GAAP net income of $121.1 million compared to non-GAAP net income of $57.6 million on a year-over-year... More