Market Overview

Zscaler: Q1 Earnings Insights

Share:

Shares of Zscaler (NASDAQ:ZS) increased 6.14% after the company reported Q1 results.

Quarterly Results

Earnings per share increased 366.67% year over year to $0.14, which beat the estimate of $0.06.

Revenue of $142,578,000 up by 52.34% year over year, which beat the estimate of $132,310,000.

Guidance

Zscaler Sees Q2 EPS $0.07-$0.08 Vs. $0.07 Est., Sales $146M-$148M Vs. $140.28M Est.; Sees FY21 EPS $0.37-$0.38 Vs. $0.31 Est., Sales $608M-$612M Vs. $588.23M Est.

Details Of The Call

Date: Dec 02, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/732gcxec

Price Action

52-week high: $163.80

52-week low: $35.00

Price action over last quarter: Up 10.74%

Company Profile

Zscaler Inc is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed applications and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.

 

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Posted-In: Earnings