— The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share while analysts polled by LSEG, formerly known as Refinitiv, expected 49 cents. Revenue also topped consensus by $25 million, coming in at $455 million. Additionally, the company said earnings and revenue should come in ahead of where analysts anticipate for the current quarter.
— The broadband stock advanced 3.5% after the company announced the approval of a share repurchase program of up to $50 million.— The work management stock slipped 2.8% despite a strong report and outlook. Asana posted a loss of 4 cents per share on revenue of $162 million, while analysts polled by LSEG anticipated 11 cents per share lost and $158 million in revenue.— Shares added nearly 12% after the maker of unmanned aircraft systems beat analysts' expectations in its fiscal first quarter.
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