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Dec 2, 2020 10:00 PM

$ZS Zscaler Inc On Breakout Watch for Thursday  Long

Zscaler, Inc.NASDAQ

Description


Earnings details = Source Seekignapha
Zscaler (NASDAQ:ZS) has jumped 11% in early after-hours action following its fiscal Q1 results, where solid margin performance helped it beat on top and bottom lines and raise full-year guidance.
Revenues jumped 52% to 142.6M. Calculated billings rose 64% to 144.7M, and deferred revenue jumped 51% to 371.9M.
Operating income (non-GAAP) jumped to 19.7M from 3.7M.
And net losses widened on a GAAP basis, but non-GAAP net income rose to 20M from a year-ago 4.9M.
Cash from operations came to 53.5M (38% of revenue), up from 21.4M a year ago. Free cash flow was 42.2M (30% of revenue), up from 9.4M.
Liquidity came to 1.42B, up 45.4M from July 31.
For its fiscal Q2, it's guiding to revenues of 146M-148M (above consensus for 140.3M) and EPS of $0.07-$0.08 (vs. consensus for $0.07).
For the full fiscal 2021, it sees revenues at 608M-612M (well above expectations for 588.4M), calculated billings of 755M-765M, and EPS of $0.37-$0.38 (again, well above consensus for $0.31).
Comments
gtomi001
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