ZScaler Stock Drops After Q2 Earnings, Lowered Revenue Guidance

Core Viewpoint - ZScaler Inc. experienced a decline in stock price following the release of its second-quarter earnings report and a reduction in its fiscal 2026 revenue outlook [1][4] Financial Performance - Zscaler reported quarterly earnings of $1.01 per share, surpassing the analyst consensus estimate of 90 cents [2] - Quarterly revenue reached $815.75 million, exceeding the analyst consensus estimate of $798.82 million [2] Outlook and Guidance - The company raised its fiscal 2026 adjusted EPS forecast from $3.99 to $4.02, compared to the previous estimate of $3.81 [3] - Zscaler lowered its revenue outlook for fiscal 2026 to a new range of $3.31 billion to $3.32 billion, slightly below the previous estimate of $3.3 billion [3] Stock Movement - Following the earnings report, ZScaler's stock fell by 9.06%, closing at $152.19 in extended trading [4]