Zscaler Exceeds Q2 Earnings and Revenue Estimates; Stock Falls Despite Strong Results
- Zscaler reported fiscal Q2 earnings and revenue that exceeded Wall Street expectations
- Earnings rose 105% to 76 cents per share; revenue grew 35% to $525 million
- Billings increased 27% to $627.6 million, surpassing estimates
- Q3 guidance edges out expectations for earnings per share and revenue
- ZS stock fell over 6% in extended trading despite the earnings beat