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Jan 31, 2021
Zscaler Q2 2021 Earnings Report
Reported strong second quarter results driven by accelerated digital transformation.
Key Takeaways
Zscaler's Q2 fiscal year 2021 showed strong growth, with revenue increasing by 55% year-over-year to $157.0 million and calculated billings growing by 71% year-over-year to $232.0 million. The company achieved a GAAP net loss of $67.5 million, while non-GAAP net income was $14.0 million.
Revenue grew 55% year-over-year to $157.0 million.
Calculated billings grew 71% year-over-year to $232.0 million.
Deferred revenue grew 60% year-over-year to $446.8 million.
GAAP net loss was $67.5 million, compared to a net loss of $29.2 million year-over-year.
Forward Guidance
For the third quarter of fiscal 2021, Zscaler expects total revenue of $162 million to $164 million and non-GAAP earnings per share of approximately $0.07. For the full year fiscal 2021, the company expects total revenue of $634 million to $638 million and calculated billings of $820 million to $825 million.
Positive Outlook
- Total revenue of $162 million to $164 million for Q3 2021.
- Non-GAAP income from operations of $11 million to $12 million for Q3 2021.
- Non-GAAP earnings per share of approximately $0.07 for Q3 2021.
- Total revenue of $634 million to $638 million for fiscal year 2021.
- Calculated billings of $820 million to $825 million for fiscal year 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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