Zscaler Q3 2023 Earnings Report
Key Takeaways
Zscaler reported strong third-quarter fiscal 2023 results, with revenue growing 46% year-over-year to $418.8 million. The company's calculated billings grew 40% year-over-year to $482.3 million. Zscaler exceeded its guidance from last quarter, driven by the business value of its Zero Trust security platform.
Revenue grew 46% year-over-year to $418.8 million.
Calculated billings grew 40% year-over-year to $482.3 million.
GAAP net loss was $46.0 million, compared to a net loss of $101.4 million in the third quarter of fiscal 2022.
Non-GAAP net income was $74.6 million, compared to $24.7 million in the third quarter of fiscal 2022.
Zscaler
Zscaler
Forward Guidance
For the fourth quarter of fiscal 2023, Zscaler expects revenue of $429 million to $431 million and non-GAAP net income per share of approximately $0.49.
Positive Outlook
- Revenue of $429 million to $431 million
- Non-GAAP income from operations of $69 million to $70 million
- Non-GAAP net income per share of approximately $0.49