Zscaler sees FY25 EPS $2.81-$2.87, consensus $3.33

Sees FY25 revenue $2.60B-$2.62B, consensus $2.62B. The company stated: “In August 2023, we completed an assessment of the useful lives of our servers and networking equipment, which resulted in an extension of their useful lives from four to five years. This change was effective beginning in fiscal year 2024. Based on the carrying amount of these assets as of July 31, 2023, the impact was approximately a 60 basis point benefit to our gross margin for the fourth quarter of fiscal 2024 and full year fiscal 2024.”