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Zscaler's (NASDAQ:ZS) Q2 Sales Top Estimates, Next Quarter Growth Looks Optimistic

Cloud security platform Zscaler (NASDAQ:ZS) reported Q2 FY2024 results exceeding Wall Street analysts' expectations, with revenue up 35.4% year on year to $525 million. The company expects next quarter's revenue to be around $535 million, in line with analysts' estimates. It made a non-GAAP profit of $0.76 per share, improving from its profit of $0.37 per share in the same quarter last year. ....

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Zscaler Posts Beat-And-Raise Quarter. The Stock Slides Anyway.

For the fiscal second quarter ended Jan. 31, Zscaler posted revenue of $525 million, up 35% from a year earlier. ....

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Nordea Investment Management AB Raises Stock Position in Zscaler, Inc. (NASDAQ:ZS)

Nordea Investment Management AB boosted its position in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,289 shares of the company’s stock after purchasing an additional 136 shares during the period. Nordea […] ....

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Palo Alto Networks Is Making a Bold but Risky Bet to Dominate Cybersecurity

Palo Alto Networks shares plunged 28%, vaporizing almost $34 billion in market value, after it revealed its new strategy. ....

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Zscaler, Inc. (NASDAQ:ZS) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP lowered its holdings in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 31.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,611 shares of the company’s stock after selling 1,215 shares during the period. Aigen Investment Management LP’s […] ....

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