SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Zscaler Inc. (ZS) on Tuesday reported a loss of $14.9 million in its fiscal fourth quarter.
The San Jose, California-based company said it had a loss of 10 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 88 cents per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The cloud-based information security provider posted revenue of $592.9 million in the period, which also topped Street forecasts. Thirteen analysts surveyed by Zacks expected $567.6 million.
For the year, the company reported a loss of $57.7 million, or 39 cents per share. Revenue was reported as $2.17 billion.
For the current quarter ending in October, Zscaler expects its per-share earnings to range from 62 cents to 63 cents.
The company said it expects revenue in the range of $604 million to $606 million for the fiscal first quarter.
Zscaler expects full-year earnings in the range of $2.81 to $2.87 per share, with revenue ranging from $2.6 billion to $2.62 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZS at https://www.zacks.com/ap/ZS
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