Zscaler (NASDAQ:ZS) shares closed more than 21% higher on Friday following Q4 results, with the company delivering a very strong quarter, topping expectations across the board with 61% revenue growth and 57% billings growth despite an uncertain macro environment.
Q4 EPS came in at $0.25, beating the Street estimate of $0.21. Revenue was $318.1 million, compared to the Street estimate of $305.43 million.
The company expects Q1/23 EPS of $0.26, and revenue in the range of $339-341 million, compared to the Street estimate of $324.8 million. For the full-year, the company expects EPS in the range of $1.16-$1.18, and revenue in the range of $1.49-1.5 billion, compared to the Street estimate of $1.47 billion.