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Jul 31, 2024
Zscaler Q4 2024 Earnings Report
Zscaler's Q4 2024 financial results exceeded expectations, demonstrating strong growth and customer adoption.
Key Takeaways
Zscaler reported strong Q4 results, with revenue growing 30% year-over-year to $592.9 million and calculated billings increasing 27% year-over-year to $910.8 million. The company achieved a non-GAAP net income of $140.6 million, compared to $100.9 million in the same quarter last year. Zscaler's cloud platform surpassed over half a trillion transactions daily, marking a significant milestone.
Revenue increased by 30% year-over-year, reaching $592.9 million.
Calculated billings grew by 27% year-over-year, totaling $910.8 million.
Non-GAAP net income was $140.6 million, compared to $100.9 million in the fourth quarter of fiscal 2023.
The cloud platform surpassed half a trillion daily transactions.
Forward Guidance
For the first quarter of fiscal 2025, Zscaler expects revenue of $604 million to $606 million and non-GAAP net income per share of approximately $0.62 to $0.63. For the full year fiscal 2025, the company expects revenue of approximately $2.60 billion to $2.62 billion and non-GAAP net income per share of $2.81 to $2.87.
Positive Outlook
- Revenue of $604 million to $606 million for Q1 2025.
- Non-GAAP income from operations of $114 million to $116 million for Q1 2025.
- Non-GAAP net income per share of approximately $0.62 to $0.63 for Q1 2025.
- Revenue of approximately $2.60 billion to $2.62 billion for fiscal year 2025.
- Non-GAAP net income per share of $2.81 to $2.87 for fiscal year 2025.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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