Zscaler Gains Analyst Upgrade As Strong Billing Growth And Zero Trust Adoption Fuel Confidence

Zscaler Inc ZS stock gained after the company reported better-than-expected second-quarter financial results and issued third-quarter adjusted EPS guidance above estimates.Zscaler reported quarterly earnings of 78 cents per share, which beat the analyst consensus estimate of 69 cents. Quarterly revenue was $647.9 million (up from $525 million a year ago), which beat the analyst consensus estimate of $635.56 million.Also Read: ChatGPT Parent OpenAI’s Specialized AI Agents Could Cost Up To $20 Thousand Per Mo ...