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Jan 31, 2020
Zscaler Q2 2020 Earnings Report
Zscaler's financial performance was strong, marked by significant revenue growth and progress in go-to-market initiatives.
Key Takeaways
Zscaler reported a robust second quarter for fiscal year 2020, with revenue reaching $101.3 million, a 36% increase year-over-year. The company's calculated billings grew by 18% to $135.4 million. While GAAP net loss was $29.2 million, non-GAAP net income stood at $12.0 million.
Revenue increased by 36% year-over-year, reaching $101.3 million.
Calculated billings grew by 18% year-over-year, totaling $135.4 million.
GAAP net loss was $29.2 million, while non-GAAP net income was $12.0 million.
Deferred revenue increased by 36% year-over-year, reaching $280.0 million.
Zscaler
Zscaler
Forward Guidance
For the third quarter of fiscal 2020, Zscaler anticipates total revenue between $105 million and $107 million, non-GAAP income from operations between $1 million and $3 million, and non-GAAP earnings per share between $0.01 and $0.03. For the full fiscal year 2020, the company projects total revenue between $414 million and $417 million, calculated billings between $512 million and $517 million, non-GAAP income from operations between $16 million and $18 million, and non-GAAP earnings per share between $0.14 and $0.16.
Positive Outlook
- Total revenue of $105 million to $107 million
- Non-GAAP income from operations of $1 million to $3 million
- Non-GAAP earnings per share of approximately $0.01 to $0.03
- Total revenue of $414 million to $417 million
- Calculated billings of $512 million to $517 million