home about categories posts news
discussions archive recommendations faq contacts

Zscaler Reports Strong Growth in First Quarter Fiscal 2025

December 2, 2024 - 18:47

Zscaler Reports Strong Growth in First Quarter Fiscal 2025

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.


MORE NEWS

Unity Announces Financial Performance for Q1 2025

May 7, 2025 - 16:23

Unity Announces Financial Performance for Q1 2025

SAN FRANCISCO, May 07, 2025 — Unity, a prominent platform for developing and enhancing games and interactive experiences, has released its financial results for the first quarter ending March 31,...

China Lowers Key Interest Rate Amid U.S. Tariff Concerns

May 7, 2025 - 04:20

China Lowers Key Interest Rate Amid U.S. Tariff Concerns

In a strategic move to bolster its economy, China`s central bank has decided to cut a key interest rate as concerns grow over the impact of U.S. tariffs. The People`s Bank of China, led by Governor...

US Stock Market Declines Ahead of Fed's Interest Rate Decision

May 7, 2025 - 02:36

US Stock Market Declines Ahead of Fed's Interest Rate Decision

US stocks closed in negative territory for the second consecutive session as investors braced for the upcoming Federal Reserve interest rate decision. The Dow Jones Industrial Average, Nasdaq, and...

Global Business Leaders Embrace e-Invoicing Mandates for Financial Improvement

May 6, 2025 - 12:48

Global Business Leaders Embrace e-Invoicing Mandates for Financial Improvement

A recent study has revealed a significant shift among global tax and finance leaders towards the adoption of e-invoicing. The research indicates that a remarkable 79% of business leaders worldwide...

read all news
home categories posts about news

Copyright © 2025 Coinlyt.com

Founded by: Eric McGuffey

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy