Published on 31 May 2024 on Benzinga
Shares of Zscaler, Inc. ZS rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter earnings.
Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 88 cents per share, beating analyst estimates of 66 cents per share.