Goldman Sachs Reiterates Neutral Rating on Zscaler (ZS)

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Zscaler Reports Fourth Quarter and Fiscal 2024 Financial Results

September 3, 2024 4:05 PM EDT

Fourth Quarter Highlights

Revenue grows 30% year-over-year to $592.9 millionCalculated billings grows 27% year-over-year to $910.8 millionDeferred revenue grows 32% year-over-year to $1,895.0 millionGAAP net loss of $14.9 million compared to GAAP net loss of $30.7 million on a year-over-year basis Non-GAAP net income of $140.6 million compared to non-GAAP net income of $100.9 million on a... More