Changes for page Zscaler Inc
Last modified by Asif Farooqui on 2023/01/20 16:08
Change comment:
There is no comment for this version
Summary
-
Page properties (1 modified, 0 added, 0 removed)
Details
- Page properties
-
- Content
-
... ... @@ -16,157 +16,135 @@ 16 16 Zscaler (Nasdaq: ZS) creator of the Zero Trust Exchange platform, uses the largest security cloud on the planet to make doing business and navigating change a simpler, faster, and more productive experience. 17 17 18 18 19 += Recent Developments = 19 19 20 - Recent Developments21 +**Zscaler Becomes Member of Joint Cyber Defense Collaborative**{{footnote}}https://ir.zscaler.com/news-releases/news-release-details/zscaler-becomes-member-joint-cyber-defense-collaborative-enhance{{/footnote}} 21 21 22 -Zscaler Becomes Member of Joint Cyber Defense Collaborative 23 - 24 -[[https:~~/~~/ir.zscaler.com/news-releases/news-release-details/zscaler-becomes-member-joint-cyber-defense-collaborative-enhance>>url:https://ir.zscaler.com/news-releases/news-release-details/zscaler-becomes-member-joint-cyber-defense-collaborative-enhance]] 25 - 26 26 Dec 19, 2022; Zscaler Becomes Member of Joint Cyber Defense Collaborative to Enhance Cybersecurity Posture of U.S. and Strategic International Partners 27 27 28 28 29 29 Zscaler, Inc. announced its membership in the Joint Cyber Defense Collaborative (JCDC), underscoring the company’s commitment to improving the nation’s cyber resiliency. JCDC, established by the Cybersecurity and Infrastructure Security Agency (CISA) in 2021, leads the development and implementation of joint cyber defense plans and operations through critical partnerships with the private sector, Federal government and state, local, tribal and territorial governments. Zscaler will work with JCDC to enhance the collective cybersecurity posture of the United States and strategic international partners. 30 30 28 + 31 31 As the operator of the world’s largest in-line security cloud, Zscaler and the Zscaler ThreatLabz research team will analyze unique threat telemetry from 270+ billion transactions and 250,000 cloud updates per day – securing users globally. Additionally, Zscaler will participate in future cyber strategy planning with JCDC and its members. 32 32 33 33 34 -Zscaler Acquires ShiftRight 32 +**Zscaler Acquires ShiftRight**{{footnote}}https://ir.zscaler.com/news-releases/news-release-details/zscaler-acquires-shiftright-integrate-security-workflow{{/footnote}} 35 35 36 - [[https:~~/~~/ir.zscaler.com/news-releases/news-release-details/zscaler-acquires-shiftright-integrate-security-workflow>>url:https://ir.zscaler.com/news-releases/news-release-details/zscaler-acquires-shiftright-integrate-security-workflow]]34 +Sep 29, 2022; Zscaler, Inc. announced it has completed its acquisition of ShiftRight, a leader in closed loop security workflow automation. ShiftRight’s workflow automation technology is currently being integrated into the Zscaler Zero Trust Exchange™ cloud security platform to automate security management for the growing influx of risks and incidents organizations are experiencing. This integration will provide a simple, sophisticated solution to reduce incident resolution time dramatically. 37 37 38 -Sep 29, 2022; Zscaler, Inc. announced it has completed its acquisition of ShiftRight, a leader in closed loop security workflow automation. ShiftRight’s workflow automation technology is currently being integrated into the Zscaler Zero Trust Exchange™ cloud security platform to automate security management for the growing influx of risks and incidents organizations are experiencing. This integration will provide a simple, sophisticated solution to reduce incident resolution time dramatically. 39 39 40 40 38 +[[image:ZS1.jpg]] 41 41 42 -Financial Highlights 43 43 44 - FirstQuarterFiscal2023 Results41 += Financial Highlights = 45 45 46 - [[https:~~/~~/ir.zscaler.com/news-releases/news-release-details/zscaler-reports-first-quarter-fiscal-2023-financial-results>>url:https://ir.zscaler.com/news-releases/news-release-details/zscaler-reports-first-quarter-fiscal-2023-financial-results]]43 +**First Quarter Fiscal 2023 Results** 47 47 48 -Dec 01, 2022; Zscaler, Inc. announced financial results for its first quarter of fiscal year 2023, ended October 31, 2022. 45 +Dec 01, 2022; Zscaler, Inc. announced financial results for its first quarter of fiscal year 2023, ended October 31, 2022.{{footnote}}https://ir.zscaler.com/news-releases/news-release-details/zscaler-reports-first-quarter-fiscal-2023-financial-results{{/footnote}} 49 49 50 50 51 51 Revenue: $355.5 million, an increase of 54% year-over-year. 52 52 50 + 53 53 Income (loss) from operations: GAAP loss from operations was $69.1 million, or 19% of total revenue, compared to $74.4 million, or 32% of total revenue, in the first quarter of fiscal 2022. Non-GAAP income from operations was $42.1 million, or 12% of total revenue, compared to $23.9 million, or 10% of total revenue, in the first quarter of fiscal 2022. 54 54 53 + 55 55 Net income (loss): GAAP net loss was $68.2 million, compared to $90.8 million in the first quarter of fiscal 2022. Non-GAAP net income was $44.0 million, compared to $21.0 million in the first quarter of fiscal 2022. 56 56 56 + 57 57 Net income (loss) per share: GAAP net loss per share was $0.48, compared to $0.65 in the first quarter of fiscal 2022. Non-GAAP net income per share was $0.29, compared to $0.14 in the first quarter of fiscal 2022. 58 58 59 + 59 59 Cash flow: Cash provided by operations was $128.5 million, or 36% of revenue, compared to $93.3 million, or 40% of revenue, in the first quarter of fiscal 2022. Free cash flow was $95.6 million, or 27% of revenue, compared to $83.4 million, or 36% of revenue, in the first quarter of fiscal 2022. 60 60 62 + 61 61 Deferred revenue: $1,005.7 million as of October 31, 2022, an increase of 55% year-over-year. 62 62 65 + 63 63 Cash, cash equivalents and short-term investments: $1,824.8 million as of October 31, 2022, an increase of $93.5 million from July 31, 2022. 64 64 65 65 66 -For the full year fiscal 2023, the company expect: 69 +**For the full year fiscal 2023, the company expect:** 67 67 68 -Total revenue of approximately $1.525 billion to $1.530 billion 71 +* Total revenue of approximately $1.525 billion to $1.530 billion 72 +* Calculated billings of $1.930 billion to $1.940 billion. First half mix of billings to be approximately 43% of full-year 73 +* Non-GAAP income from operations of $179 million to $183 million 74 +* Non-GAAP net income per share of $1.23 to $1.25, assuming approximately 157 million common shares outstanding using the "if-converted" method for its senior convertible notes 69 69 70 -Calculated billings of $1.930 billion to $1.940 billion. First half mix of billings to be approximately 43% of full-year 71 71 72 - Non-GAAPincomefromoperationsof $179 millionto$183 million77 +**Full Year Fiscal 2022 Results** 73 73 74 -Non-GAAP net income per share of $1.23 to $1.25, assuming approximately 157 million common shares outstanding using the "if-converted" method for its senior convertible notes 79 +* Revenue: $1,090.9 million, an increase of 62% year-over-year.{{footnote}}https://ir.zscaler.com/news-releases/news-release-details/zscaler-reports-fourth-quarter-and-fiscal-2022-financial-results{{/footnote}} 80 +* Income (loss) from operations: GAAP loss from operations was $327.4 million, or 30% of total revenue, compared to $207.8 million, or 31% of total revenue, in fiscal 2021. Non-GAAP income from operations was $111.6 million, or 10% of total revenue, compared to $78.0 million, or 12% of total revenue, in fiscal 2021. 81 +* Net income (loss): GAAP net loss was $390.3 million, compared to $262.0 million in fiscal 2021. Non-GAAP net income was $101.3 million, compared to $75.7 million in fiscal 2021. 82 +* Net income (loss) per share: GAAP net loss per share was $2.77, compared to $1.93 in fiscal 2021. Non-GAAP net income per share was $0.69, compared to $0.52 in fiscal 2021. 83 +* Cash flow: Cash provided by operations was $321.9 million, or 30% of revenue, compared to $202.0 million, or 30% of revenue, in fiscal 2021. Free cash flow was $231.3 million, or 21% of revenue, compared to $143.7 million, or 21% of revenue, in fiscal 2021. 75 75 76 76 77 -Full Year Fiscal 2022 Results 78 - 79 -[[https:~~/~~/ir.zscaler.com/news-releases/news-release-details/zscaler-reports-fourth-quarter-and-fiscal-2022-financial-results>>url:https://ir.zscaler.com/news-releases/news-release-details/zscaler-reports-fourth-quarter-and-fiscal-2022-financial-results]] 80 - 81 -Revenue: $1,090.9 million, an increase of 62% year-over-year. 82 - 83 -Income (loss) from operations: GAAP loss from operations was $327.4 million, or 30% of total revenue, compared to $207.8 million, or 31% of total revenue, in fiscal 2021. Non-GAAP income from operations was $111.6 million, or 10% of total revenue, compared to $78.0 million, or 12% of total revenue, in fiscal 2021. 84 - 85 -Net income (loss): GAAP net loss was $390.3 million, compared to $262.0 million in fiscal 2021. Non-GAAP net income was $101.3 million, compared to $75.7 million in fiscal 2021. 86 - 87 -Net income (loss) per share: GAAP net loss per share was $2.77, compared to $1.93 in fiscal 2021. Non-GAAP net income per share was $0.69, compared to $0.52 in fiscal 2021. 88 - 89 -Cash flow: Cash provided by operations was $321.9 million, or 30% of revenue, compared to $202.0 million, or 30% of revenue, in fiscal 2021. Free cash flow was $231.3 million, or 21% of revenue, compared to $143.7 million, or 21% of revenue, in fiscal 2021. 90 - 91 - 92 92 Revenue increased by $417.8 million, or 62%, in fiscal 2022, compared to fiscal 2021. The increase in revenue was driven by an increase in users and sales of additional subscriptions to existing customers, which contributed $337.6 million in additional revenue. The remainder of the increase was attributable to the addition of new customers, as the company increased its customer base by 20% from July 31, 2021 to July 31, 2022. 93 93 88 + 94 94 Cost of revenue increased by $92.0 million, or 61%, in fiscal 2022, compared to fiscal 2021. The overall increase in cost of revenue was driven primarily by the expanded use of its cloud platform by existing and new customers, which led to an increase of $42.4 million for data center and equipment related costs for hosting and operating its cloud platform. 95 95 91 + 96 96 Sales and marketing expenses increased by $275.8 million, or 60%, for fiscal 2022, compared to fiscal 2021. Research and development expenses increased by $114.5 million, or 66%, for fiscal 2022, compared to fiscal 2021 as the company continued to develop and enhance the functionality of its cloud platform. General and administrative expenses increased by $55.2 million, or 57%, for fiscal 2022, compared to fiscal 2021. Interest income increased by $1.8 million, or 63%, for fiscal 2022, compared to fiscal 2021. 97 97 98 98 99 99 96 +[[image:ZS2.png]] 100 100 101 101 102 -Company Overview 99 += Company Overview = 103 103 104 - 105 105 The Zscaler Zero Trust Exchange™ is a cloud native platform that powers a complete security service edge (SSE) to connect users, workloads, and devices without putting them on the corporate network. 106 106 107 107 108 108 Zscaler was incorporated in 2007. The company generate revenue primarily from sales of subscriptions to access its cloud platform, together with related support services. The company also generate an immaterial amount of revenue from professional and other services, which consist primarily of fees associated with mapping, implementation, network design and training. 109 109 106 + 110 110 As of July 31, 2022, the company had expanded its operations to over 6,700 customers across major industries, with users in 185 countries. Government agencies and some of the largest enterprises in the world rely on it to support their digital transformation, including more than 600 of the Forbes Global 2000 as of July 31, 2022. 111 111 112 112 113 -Products & Solutions 110 +== Products & Solutions == 114 114 115 -Platforms & Products 112 +**Platforms & Products** 116 116 117 -Zero Trust Exchange 114 +* Zero Trust Exchange 115 +* Zscaler Client Connector 116 +* Zscaler Internet Access 117 +* Zscaler Private Access 118 +* Zscaler B2B 119 +* Zscaler Cloud Protection 120 +* Zscaler Digital Experience 118 118 119 -Zscaler Client Connector 120 120 121 - Zscaler Internet Access123 +**Solutions** 122 122 123 -Zscaler Private Access 125 +* Secure Work-from-Anywhere 126 +* Modern Workplace Enablement 127 +* Security Transformation 124 124 125 -Zscaler B2B 126 126 127 - ZscalerCloud Protection130 +**Technologies & Capabilities** 128 128 129 -Zscaler Digital Experience 132 +* Secure Access Service Edge 133 +* Zero Trust Network Access 134 +* Secure Web Gateways 135 +* Cloud Firewall 136 +* Cloud Sandbox 137 +* Cloud IPS 138 +* Cloud DLP 139 +* Cloud Browser Isolation 140 +* Cloud Identity and Entitlements 141 +* CASB 142 +* SSL Inspection 143 +* Advanced Threat Protection 144 +* Bandwidth Control 145 +* Machine Learning Security 130 130 131 131 132 - Solutions148 += References = 133 133 134 -Secure Work-from-Anywhere 135 - 136 -Modern Workplace Enablement 137 - 138 -Security Transformation 139 - 140 - 141 -Technologies & Capabilities 142 - 143 -Secure Access Service Edge 144 - 145 -Zero Trust Network Access 146 - 147 -Secure Web Gateways 148 - 149 -Cloud Firewall 150 - 151 -Cloud Sandbox 152 - 153 -Cloud IPS 154 - 155 -Cloud DLP 156 - 157 -Cloud Browser Isolation 158 - 159 -Cloud Identity and Entitlements 160 - 161 -CASB 162 - 163 -SSL Inspection 164 - 165 -Advanced Threat Protection 166 - 167 -Bandwidth Control 168 - 169 -Machine Learning Security 170 - 171 - 172 -References 150 +{{putFootnotes/}}