Zscaler Q2 2021 Earnings Report
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.
Zscaler
Zscaler
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.