Zscaler reports strong Q1 earnings, revenue up 26%, but stock dips after Q2 guidance.

Zscaler, a cloud security company, reported strong Q1 earnings, with revenue up 26% to $628 million, surpassing expectations. Despite beating revenue and earnings estimates, the stock fell 6% after the company provided in-line revenue guidance for Q2 and raised its full-year outlook. The company's focus on AI and zero trust security solutions has driven growth, but competition remains fierce. Zscaler's CFO also announced his retirement.

4 months ago
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