Zscaler Beats Expectations, Stock Drops

Zscalers Q3 results beat Wall Streets predictions, with revenue of $788.1 million and adjusted earnings per share of $0.96. Despite strong growth in AI security, Zero Trust platform, and data security, the stock dropped to $243 after the earnings report. Investors are watching the integration of recent acquisitions and the competitive landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.