Zscaler's stock dropped over 30% following its Q4 revenue and cash-flow-margin guidance that missed Wall Street expectations, despite strong Q3 results with 25% revenue growth and $3.5 billion ARR. The company also announced the departure of senior sales leaders, prompting several analysts to downgrade the stock and causing trading volume to spike. This decline stands out as the broader cybersecurity sector rallied, raising concerns among investors about the company's future performance. Legal firms are now investigating potential misleading statements by Zscaler regarding its financial outlook.
Zscaler's stock dropped over 30% following its fiscal third-quarter earnings report, marking its worst trading day ever. Although the company beat earnings and revenue estimates, it issued cautious guidance for fiscal 2027, projecting annual recurrin...
Zscaler's stock experienced a record one-day drop of more than 31% following a revenue outlook for the current quarter that fell short of Wall Street expectations. The disappointing forecast surprised investors and cast doubt on the recent rally in c...
Zscaler reported strong third-quarter results with revenue of $850.48 million and adjusted earnings of $1.08 per share, both surpassing analyst expectations. Annual recurring revenue grew 25% to $3.5 billion, driven by demand for its Zero Trust platf...
US stock markets paused near record highs as investors reassessed risks amid mixed earnings and geopolitical news. Cybersecurity stocks fell sharply after Zscaler issued disappointing forward guidance, dragging the sector down. Meanwhile, oil prices ...
Zscaler's shares dropped over 31% following a weaker-than-expected revenue forecast for fiscal 2027, with projected growth of 16-17%, down from prior estimates of 19-20%. Despite beating Q3 earnings and revenue estimates, the company signaled a slowd...
