Zscaler's Earnings Beat Expectations, Stock Falls

1 min read
Source: MarketWatch
Zscaler's Earnings Beat Expectations, Stock Falls
Photo: MarketWatch
TL;DR Summary

Zscaler Inc. reported better-than-expected earnings for the latest quarter and maintained its outlook for the ongoing quarter, but its stock fell as the company did not increase its full-year billings forecast. The company's calculated billings for the fiscal first quarter exceeded analysts' expectations, but Zscaler chose to keep its full-year forecast unchanged.

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