Zscaler Q4 2021 Earnings Report
Key Takeaways
Zscaler's Q4 2021 earnings showcased strong growth, with revenue increasing by 57% year-over-year to $197.1 million and calculated billings growing by 70% year-over-year to $332.2 million. The company's GAAP net loss was $81.0 million, while non-GAAP net income reached $20.3 million.
Revenue grew 57% year-over-year to $197.1 million.
Calculated billings grew 70% year-over-year to $332.2 million.
GAAP net loss was $81.0 million, compared to a net loss of $49.5 million in the fourth quarter of fiscal 2020.
Non-GAAP net income was $20.3 million, compared to $12.0 million in the fourth quarter of fiscal 2020.
Zscaler
Zscaler
Forward Guidance
For the first quarter of fiscal 2022, Zscaler expects total revenue of $210 million to $212 million and non-GAAP net income per share of approximately $0.12. For the full year fiscal 2022, the company expects total revenue of $940 million to $950 million and non-GAAP net income per share of $0.52 to $0.56.
Positive Outlook
- Total revenue of $210 million to $212 million for Q1 2022.
- Non-GAAP income from operations of $18 million to $19 million for Q1 2022.
- Non-GAAP net income per share of approximately $0.12 for Q1 2022.
- Total revenue of $940 million to $950 million for FY 2022.
- Calculated billings of $1,230 million to $1,250 million for FY 2022.