Zscaler Stock Falls Sharply After an Earnings Beat. Here Is Why. – Barrons

Zscaler stock was tumbling Friday after the cloud-based internet security company’s guidance deflated investor enthusiasm, even as its second-quarter results handily beat estimates.

Zscaler (ticker: ZS) was down 16.3% to $220.48 on Friday. The shares have lost 31% this year.

For the third quarter ending in April, Zscaler predicts earnings…

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