Zscaler Inc (WBO:ZSCA)

€ 163.76 5.64 (3.57%) Market Cap: 24.66 Bil Enterprise Value: 23.74 Bil PE Ratio: 0 PB Ratio: 23.93 GF Score: 58/100

Zscaler Inc at Bank of America Global Technology Conference (Virtual) Transcript

Jun 08, 2021 / 08:45PM GMT

Transcript 10-Q

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

Great. Thank you very much, everybody, for joining us for the last session of the day for me. We kept the best for the end. I'm hosting Zscaler's senior management, Jay Chaudhry, CEO; and Remo Canessa, CFO. And I'm going to take them through 2 pages of questions, whatever I can squeeze into 30 minutes. And I want to start with a high-level question. And I think that's going to set the stage for the discussion later on this afternoon.

Questions & Answers

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

So you reported a very strong 3Q, and I must say, despite the concerns of investors over post COVID deceleration. Your revenues were up 60%. Your billings were up 71%. And just to put in perspective, these were almost double the street expectations. The question is, why? What is driving such strong growth even on the yields or after a year of excellent performance? So despite the tough comps, you are still performing well, what is

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