initial public offerings (IPOs) trading on American exchanges

Friday, March 1, 2019

ZScaler (ZS) reported earnings on Thur 28 Feb 19 (a/h)

** charts before earnings **


  



** charts after earnings **




ZScaler beats by $0.10, beats on revs; guides Q3 EPS above consensus, revs above consensus; guides FY19 EPS above consensus, revs above consensus
  • Reports Q2 (Jan) earnings of $0.09 per share, $0.10 better than the S&P Capital IQ Consensus of ($0.01); revenues rose 65.1% year/year to $74.3 mln vs the $66.25 mln S&P Capital IQ Consensus.
  • Calculated billings grew 74% year-over-year to $115.0 million.
  • Co issues upside guidance for Q3, sees EPS of $0.01 vs. ($0.02) S&P Capital IQ Consensus; sees Q3 revs of $74-$75 mln vs. $67.97 mln S&P Capital IQ Consensus.
  • Co issues upside guidance for FY19, sees EPS of $0.11-$0.13 vs. ($0.02) S&P Capital IQ Consensus; sees FY19 revs of $289-$291 mln vs. $271.94 mln S&P Capital IQ Consensus.


The company aims to capitalize on a big shift in the enterprise software market as companies acquire Microsoft's (MSFT) Office 365 and other tools in the cloud.


Zscaler's cloud platform enables customers to route data traffic to external data centers where Zscaler houses its hardware and software cybersecurity tools. San Jose, Calif.-based Zscaler has installed cybersecurity tools in 100 data centers worldwide.

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