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Stock impact report

Zscaler stock falls as quarterly earnings outlook misses [MarketWatch]

Zscaler, Inc. (ZS) 
Last zscaler, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
Zscaler stock falls as quarterly earnings outlook misses Zscaler Inc. ZS, +0.02% shares dropped in the extended session Thursday after the cybersecurity company's earnings outlook fell short of the Wall Street consensus while other metrics topped estimates. Zscaler shares fell 11% after hours, following a less than 0.1% rise in the regular session to close at $65.18. For the fiscal third-quarter, Zscaler said it expects earnings of 1 cent to 3 cents a share on revenue of $105 million to $107 million, and earnings of 14 cents to 16 cents a share with billings of $512 million to $517 million for the year. Analysts surveyed by FactSet expect earnings of 4 cents a share on revenue of $104.5 million for the third quarter, and 15 cents a share with billings of $506.5 million for the year. The company reported a second-quarter loss of $29.2 million, or 23 cents a share, compared with a loss of $3.6 million, or 3 cents a share, in the year-ago period. Adjusted earnings were 9 cents a share Show less Read more
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