Zscaler Inc, a cybersecurity company, announced its fiscal first-quarter financial results with impressive performance metrics. The company reported a revenue of $628 million, surpassing the consensus estimate, and adjusted earnings of 77 cents per share, higher than analyst predictions. Total revenue saw a year-over-year increase of 26%, while deferred revenue and calculated billings also showed positive growth percentages.
In addition to strong financial numbers, Zscaler highlighted robust operational figures in its report. The company generated $331.3 million in cash flow from operations and $291.9 million in free cash flow for the first quarter, showcasing a significant increase from the previous year. With approximately $2.71 billion in cash, equivalents, and short-term investments, Zscaler remains in a solid financial position to support its growth strategies.
CEO Jay Chaudhry expressed satisfaction with the quarterly results, noting that growing customer engagements and effective sales execution contributed to the positive outcomes. He emphasized the potential of combining Zero Trust and AI technologies to capture new opportunities. Looking ahead, Zscaler provided guidance for the fiscal second-quarter and full-year 2025, projecting revenue and earnings expectations that demonstrate confidence in continued growth and the company's strategic direction.