01-03-2024 02:22 via rocketnews.com

Zscaler earnings top expectations, but the cybersecurity stock falls

Zsacler Inc. topped expectations with its latest results and outlook, but its stock was moving lower in Thursday’s extended session. For the fiscal third quarter, Zscaler ZS, +1.97%expects $534 million to $536 million in revenue along with 64 cents to 65 cents in adjusted earnings per share. The FactSet consensus was for $532 million and 58 cents, respectively. The cybersecurity company posted a fiscal second-quarter net loss of $28.5 million, or 19 cents a share, compared with a loss of $
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