Zscaler reported quarterly revenue above Wall Street expectations and gave a forecast that also topped estimates given robust demand for cybersecurity services.
Shares of the company were up 7% in the extended trading.
The cloud security company posted fourth-quarter revenue of $719.2 million, beating analysts’ average estimate of $706.95 million.
But earnings per share came in at a loss of 11 cents.
For the first quarter of fiscal 2026, Zscaler expects earnings of 85 to 86 cents per share, compared with estimates of 84 cents.
It forecast revenue between $772 million and $774 million, above expectations of $750.9 million.
Zscaler said it surpassed $3 billion in annual recurring revenue during the quarter and posted its highest operating margin to date.
“We had an outstanding Q4, in which we achieved a new milestone of more than $3 billion of Annual Recurring Revenue while achieving our highest ever operating margin for a quarter. We believe Zscaler’s Zero Trust and AI security solutions are imperative in today’s world and are driving robust demand,” said CEO Jay Chaudhry
Source :
https://www.investing.com/news/earnings/zscaler-shares-up-after-quarterly-revenue-and-forecast-beat-4220190
