Zscaler Stock Plummets After Earnings Report
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Zscaler earnings releaseInvestor's Business Daily
•Zscaler's In-line Revenue Guidance Underwhelms Investors. Shares Fall. Zscaler's In-line Revenue Guidance Underwhelms Investors. Shares Fall.
86% Informative
Zscaler ( ZS ) stock tumbled Monday after the cybersecurity firm reported fiscal first-quarter earnings, revenue and billings that beat estimates.
The cybersecurity firm's in-line revenue guidance underwhelmed investors.
Analysts expected earnings of 63 cents per share on sales of $606 million .
Heading into the release, the cybersecurity stock had retreated 6% in 2024 .
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