04:37 PM EDT, 09/03/2024 (MT Newswires) -- Zscaler ( ZS ) late Tuesday reported stronger-than-expected fiscal fourth-quarter results, though the cloud security company's 2025 earnings outlook missed Wall Street's estimates.

Adjusted per-share earnings jumped to $0.88 during the quarter ended July 31 from $0.64 a year earlier, higher than the consensus on Capital IQ for $0.69. Revenue grew 30% to $592.9 million, above the Street's $567.6 million view.

"Customers adoption of our Zero Trust Exchange platform is stronger than ever, and I'm thrilled to share that we have achieved a major milestone with our cloud platform surpassing over half a trillion transactions daily," Chief Executive Jay Chaudhry said in a statement.

Calculated billings advanced 27% year over year to $910.8 million.

Zscaler ( ZS ) expects fiscal 2025 adjusted EPS of $2.81 to $2.87 on revenue between $2.6 billion to $2.62 billion. Analysts surveyed by Capital IQ expect normalized EPS of $3.28 and sales of $2.62 billion.

The stock was declining 9% in after-hours trade.

For the current quarter, Zscaler ( ZS ) said it expects non-GAAP EPS of $0.62 to $0.63 on revenue between $604 million and $606 million. The consensus is for $0.72 and $602.1 million, respectively.

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