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Zscaler shares drop over spending concerns despite solid earnings and outlook
Nov. 28, 2023, 12:04 a.m. | Duncan Riley
Security – SiliconANGLE siliconangle.com
Shares in Zscaler Inc. fell more than 6% in late trading today on concerns about increased spending despite the cloud security company delivering beats in its latest quarter and issuing a better-than-expected earnings outlook. For its fiscal first quarter that ended Oct. 31, Zscaler reported adjusted earnings per share of 67 cents, up from 29 […]
The post Zscaler shares drop over spending concerns despite solid earnings and outlook appeared first on SiliconANGLE.
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