Zscaler (ZS) down as decelerating NRR overshadows Q2 beat and raised outlook

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Zscaler reports higher Q2 operating expenses

February 29, 2024 4:17 PM EST

(Reuters) -Cybersecurity firm Zscaler reported higher operating expenses in the second quarter, overshadowing a lift in its annual revenue forecast and dragging the company's shares down about 5% in extended trading.

The role of AI in cybersecurity is evolving as vendors like Zscaler are integrating these technologies into existing... More

Zscaler (ZS) Tops Q2 EPS by 18c, Updates Guidance

February 29, 2024 4:11 PM EST

Zscaler (NASDAQ: ZS) reported Q2 EPS of $0.76, $0.18 better than the analyst estimate of $0.58. Revenue for the quarter came in at $525 million versus the consensus estimate of $507.58 million.

GUIDANCE:

Zscaler sees Q3 2024 EPS of $0.64-$0.65, versus the consensus of $0.58. Zscaler sees Q3... More