TECH - Zscaler Q3 Earnings: Revenue EPS Exceed Estimates Driven By 'Growing Customer Interest' In Zero Trust Exchange Platform | Benzinga
Zscaler Inc (NASDAQ:ZS) reported fiscal third-quarter financial results Thursday after the bell. Here’s a rundown of the report.
Q3 Earnings: Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 88 cents per share, beating analyst estimates of 66 cents per share.
Calculated billings grew 30% year-over-year to $628 million. Deferred revenue increased 34% year-over-year to $1.577 billion.
Cash flow from operations totaled $173.4 million in the quarter. The company generated $123.1 million of free ...