Zscaler reports strong Q4, 30% revenue growth to $592.9 million, collaborations with Google and NVIDIA.

From GlobeNewswire.: 2024-09-03 16:05:00

Zscaler Inc. reported a strong fourth quarter, with revenue up 30% year-over-year to $592.9 million. The company saw a 27% increase in calculated billings and a 32% growth in deferred revenue. GAAP net loss was $14.9 million, while non-GAAP net income was $140.6 million. Zscaler surpassed half a trillion daily transactions and published a ransomware report. The company also announced collaborations with Google Chrome Enterprise and NVIDIA. In future fiscal years, Zscaler expects continued growth, with revenue projections of $2.60 billion to $2.62 billion for fiscal year 2025. They will continue to assess and adjust non-GAAP tax rates as necessary.



Read more at GlobeNewswire.:: Zscaler Reports Fourth Quarter and Fiscal 2024 Financial