Zscaler stock soars on earnings beat, upbeat guidance

Share

Zscaler reported fiscal fourth-quarter results beating Wall Street estimates, with revenue of $898 million, up 25% year over year, and adjusted earnings per share of $1.19 versus $1.09 expected. Annual recurring revenue surged 25% to $3.77 billion. CEO Jay Chaudhry expressed strong optimism about the newly launched platform for AI agent iteration, describing it as a major long-term opportunity. For the first quarter, the company projects revenue of $935 million to $939 million, and between $3.91 billion and $3.94 billion for the full year.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles