Zscaler’s stock surges 5% after beat-and-raise earnings

Zscaler Inc.’s shares rallied Tuesday after the cybersecurity company’s quarter and outlook topped Wall Street expectations.

The company forecast adjusted earnings of about 48 to 49 cents a share on revenue of $472 million to $474 million for the fiscal first quarter. Analysts surveyed by FactSet had estimated 45 cents a share on revenue of $464.8 million and billings of $434.1 million for the quarter. The company reported a fiscal fourth-quarter loss of $30.7 million, or 21 cents a share, compared with a loss of $97.7 million, or 69 cents a share, in the year-ago period. Adjusted net income, which excludes stock-based compensation and other items, was 64 cents a share, compared with 25 cents a share in the year-ago period.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tesla Inc. stock rises Tuesday, outperforms marketShares of Tesla Inc. rallied 4.69% to $256.49 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Meta Platforms Inc. stock rises Tuesday, outperforms marketShares of Meta Platforms Inc. rallied 1.27% to $300.15 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Visa Inc. Cl A stock rises Friday, outperforms marketShares of Visa Inc. Cl A inched 0.99% higher to $248.11 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »