"Zscaler shares surged over 8% after surpassing expectations with adjusted EPS of 78 cents and diverse revenue growth of 23%, demonstrating strong earnings momentum."
"Zscaler's impressive quarterly performance reported $647.9 million in revenue and highlights robust growth in billings and customer retention, notably with a 115% net dollar retention rate."
Zscaler experienced a significant boost in its stock value after reporting stronger-than-expected earnings for the second quarter of fiscal 2025. The cloud security company posted adjusted earnings per share of 78 cents and $647.9 million in revenue, exceeding analysts' forecasts. The firm reported robust growth metrics, including an 18% year-over-year increase in billings and a strong net dollar retention rate of 115%. The launch of its Zero Trust Segmentation solution further enhances its security offerings and reduces infrastructure costs, proving effective against ransomware attacks.
Read at Techzine Global
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