December 2, 2024 - 18:47
Zscaler, Inc. has announced impressive financial results for the first quarter of fiscal 2025, showcasing significant growth across multiple key metrics. The company's revenue has surged by 26% year-over-year, reaching a total of $628.0 million. This robust growth reflects the increasing demand for Zscaler's cloud-based security solutions in an ever-evolving digital landscape.
In addition to revenue growth, calculated billings also saw a notable increase, rising 13% year-over-year to $516.7 million. This indicates strong customer engagement and a solid pipeline for future revenue. Deferred revenue, a critical indicator of future earnings, grew by 27% year-over-year, totaling $1,783.7 million, further demonstrating the company's ongoing success.
While Zscaler reported a GAAP net loss of $12.1 million, this is a marked improvement compared to a loss of $33.5 million in the same period last year. On a non-GAAP basis, the company achieved a net income of $124.3 million, up from $86.4 million year-over-year, underscoring its operational efficiency and financial health.
July 12, 2025 - 08:15
Upcoming Bank Earnings: Key Focus Areas for Investors and AnalystsAs bank earnings season approaches, attention is turning to major players like JPMorgan, with investors keenly observing for indicators of strength within the financial sector. Analysts are...
July 11, 2025 - 19:59
Trump’s New Bill Signals a Bold Pivot in the Politics of Sports GamblingThe sports betting industry is bracing for significant changes as President Trump introduces his `One, Big, Beautiful Bill.` This legislation is expected to reshape the landscape of sports gambling...
July 11, 2025 - 02:46
Farewell Message from the Departing Finance Committee ChairIn a heartfelt address, the outgoing chair of the Finance Committee expressed gratitude for the opportunity to serve the Nantucket community. During their tenure, they emphasized the importance of...
July 10, 2025 - 23:47
Root, Inc. to Host Conference Call for Q2 2025 Financial ResultsCOLUMBUS, Ohio, July 10, 2025 — Root, Inc., the parent company of Root Insurance Company, has announced a conference call scheduled for Wednesday, August 6, 2025, at 5:00 p.m. Eastern Time. The...