Zscaler Prepares for Q4 Earnings After 25.5% Revenue Growth
Zscaler posted $788.1 million in revenue last quarter, up 25.5% year-on-year, beating billing estimates and boosting full-year EPS guidance above consensus. Analysts forecast 23.3% revenue growth in the upcoming quarter, while Zscaler shares have fallen 30.4% over the past month on sector-wide declines.
1. Last Quarter Performance
Zscaler generated $788.1 million in revenue for the fiscal third quarter, representing a 25.5% year-on-year increase. The company exceeded analysts’ billing estimates and raised its full-year EPS guidance above prior consensus levels.
2. Upcoming Quarter Expectations
Analysts covering Zscaler have reconfirmed forecasts over the past 30 days, projecting 23.3% revenue growth for the fourth quarter, roughly in line with the 23.4% gain recorded in the same period last year.
3. Peer Comparisons and Market Reaction
In the cybersecurity segment, Palo Alto Networks delivered 14.9% year-on-year growth meeting estimates and Varonis Systems posted a 9.4% gain topping forecasts by 3.1%, with both stocks tumbling 6.8% and 10.8% respectively. Broader cybersecurity names are down 20.2% over the past month, while Zscaler shares have fallen 30.4%.