Shares of Zscaler Inc. were rocketing 20% in morning trading Monday after the cybersecurity company said that it expects to report better-than-anticipated results for its just-completed quarter.
Zscaler ZS now expects that it will record $415 million to $419 million in revenue for the April period, its fiscal third quarter, while its prior outlook was for $396 million to $398 million. Analysts tracked by FactSet were expecting $397 million.
“Given…
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