Zscaler Q4 2020 Earnings Report
Key Takeaways
Zscaler reported strong Q4 and fiscal year results, driven by the adoption of their Zero Trust Exchange platform. Revenue grew 46% year-over-year to $125.9 million, and calculated billings grew 55% year-over-year to $194.9 million.
Revenue grew 46% year-over-year to $125.9 million.
Calculated billings grew 55% year-over-year to $194.9 million.
Deferred revenue grew 47% year-over-year to $369.8 million.
GAAP net loss was $49.5 million, compared to a net loss of $5.3 million in the fourth quarter of fiscal 2019.
Zscaler
Zscaler
Forward Guidance
For the first quarter of fiscal 2021, Zscaler expects total revenue of $131 million to $133 million and non-GAAP earnings per share of approximately $0.05 to $0.06. For the full year fiscal 2021, the company expects total revenue of $580 million to $590 million and non-GAAP earnings per share of $0.28 to $0.30.
Positive Outlook
- Total revenue of $131 million to $133 million for Q1 2021.
- Non-GAAP income from operations of $8 million to $10 million for Q1 2021.
- Non-GAAP earnings per share of approximately $0.05 to $0.06 for Q1 2021.
- Total revenue of $580 million to $590 million for FY 2021.
- Calculated billings of $710 million to $720 million for FY 2021.