Zscaler, Inc. (NASDAQ:ZS) Q4 2023 Earnings Call Transcript September 5, 2023 4:30 PM ET

Company Participants

Bill Choi - SVP of IR and Strategic Finance

Jay Chaudhry - Chairman and CEO

Remo Canessa - CFO

Conference Call Participants

Brad Zelnick - Deutsche Bank

Matt Hedberg - RBC

Roger Boyd - UBS

Ittai Kidron - Oppenheimer and Company

Andrew Nowinski - Wells Fargo

Brian Essex - JP Morgan

Gray Powell - BTIG

Jonathan Ruykhaver - Cantor

Joshua Tilton - Wolfe Research

Saket Kalia - Barclays

Gregg Moskowitz - Mizuho

John DiFucci - Guggenheim

Adam Borg - Stifel

Peter Levine - Evercore

Ben Bollin - Cleveland Research

Operator

Thank you for standing by, and welcome to Zscaler Earnings Announcement Fiscal Year 2023 Fourth Quarter Conference Call. At this time, all participants are in listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, today's call is being recorded.

I would now like to turn the conference over to your host, Mr. Bill Choi, Senior Vice President of Investor Relations and Strategic Finance. Please go ahead.

Bill Choi

Good afternoon, everyone, and welcome to the Zscaler fiscal fourth quarter and full year 2023 earnings conference call. On the call with me today are Jay Chaudhry, Chairman and CEO, and Remo Canessa, CFO.

Please note that we have posted our earnings release and a supplemental financial schedule to our investor relations website. Unless otherwise noted, all numbers we talk about today will be on an adjusted non-GAAP basis. You will find the reconciliation of GAAP to the non-GAAP financial measures in our earnings release.

I'd like to remind you that today's discussion will contain forward-looking statements, including, but not limited to, the company's anticipated future revenue, calculated billings, operating performance, gross margin, operating expenses, operating income, net income, free cash flow, dollar-based net retention rate, future hiring decisions, remaining performance obligations, income taxes, earnings per share, our objectives and outlook, our customer response to our products and our market share end market opportunity. These statements and other comments are not guarantees of future performance but rather are subject to risk and uncertainty, some of which are beyond our control. These forward-looking statements apply as of today, and you should not rely on them as representing our views in the future. We undertake no obligation to update these statements after this call. For a more complete discussion of the risks and uncertainties, please see our filings with the SEC as well as in today's earnings release.