Zscaler: Second Fiscal Quarter Earnings Overview
Zscaler Reports Second Quarter Financial Results
Zscaler Inc., headquartered in San Jose, California, announced a net loss of $34.3 million for its fiscal second quarter.
The company recorded a loss of 21 cents per share. After adjusting for stock-based compensation and one-time expenses, earnings stood at $1.01 per share.
These figures surpassed analyst projections, as the consensus estimate from 14 analysts polled by Zacks Investment Research was 89 cents per share.
Revenue for the quarter reached $815.8 million, exceeding expectations. Zacks had forecasted $798 million, based on input from 15 analysts.
Outlook for Upcoming Quarters
- For the quarter ending in April, Zscaler anticipates earnings per share between $1.00 and $1.01.
- Projected revenue for the fiscal third quarter is expected to fall between $834 million and $836 million.
- For the full fiscal year, the company estimates earnings per share in the range of $3.99 to $4.02, with total revenue expected between $3.73 billion and $3.75 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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