Newz(ZS) on Thursday reported a loss of $3.4 million in its fiscal fourth quarter. The San Jose, California-based company said it had a loss of 2 cents per share. Earnings, adjusted for stock option expense and amortization costs, were $1.19 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. The cloud-based information security provider posted revenue of $898.2 million in the period, which also topped Street forecasts.
Twelve analysts surveyed by Zacks expected $877.1 million. For the year, the company reported a loss of $63.2 million, or 39 cents per share. Revenue was reported as $3.35 billion.
For the current quarter ending in October, Zscaler expects its per-share earnings to range from $1.15 to $1.16. The company said it expects revenue in the range of $935 million to $939 million for the fiscal first quarter. Zscaler expects full-year earnings in the range of $4.86 to $4.90 per share, with revenue ranging from $3.91 billion to $3.94 billion.
_____ 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 Source SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc.
(DOCU) on Thursday reported fiscal second-quarter net income of $77.7 million. The San Francisco-based company said it had profit of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.16 per share.
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