Zscaler Q3 2022 Earnings Report
Key Takeaways
Zscaler's Q3 2022 revenue grew by 63% year-over-year to $286.8 million, with calculated billings increasing by 54% year-over-year to $345.6 million. The company's GAAP net loss was $101.4 million, while non-GAAP net income was $24.7 million. Zscaler is raising its fiscal year guidance on all financial metrics due to increasing demand.
Revenue grew 63% year-over-year to $286.8 million.
Calculated billings grew 54% year-over-year to $345.6 million.
GAAP net loss was $101.4 million, compared to a net loss of $58.5 million year-over-year.
Non-GAAP net income was $24.7 million, compared to $21.4 million year-over-year.
Zscaler
Zscaler
Forward Guidance
For the fourth quarter of fiscal 2022, Zscaler expects total revenue of $304 million to $306 million, non-GAAP income from operations of $33 million to $34 million, and non-GAAP net income per share of approximately $0.20 to $0.21.
Positive Outlook
- Total revenue of $304 million to $306 million
- Non-GAAP income from operations of $33 million to $34 million
- Non-GAAP net income per share of approximately $0.20 to $0.21