Zscaler falls after forecasting weak Q4 revenue amid stiff competition
26/05/2026 22:05
BUZZ-Zscaler falls after forecasting weak Q4 revenue amid stiff competition ** Shares of cloud security firm Zscaler ZS.O down ~18% at $151.70 after the bell
** Co forecast quarterly revenue below estimates, signaling rising competition in the cybersecurity market as enterprises scrutinize spending on cloud security products
** Expects Q4 revenue in the range of $875 million to $878 million, below estimates of $878.6 million, according to data compiled by LSEG
** Sees quarterly adjusted profit between $1.08 and $1.09 per share, versus estimates of $1.03 apiece
** Up to last close, stock down nearly 18% YTD
(Reporting by Anuja Bharat Mistry in Bengaluru)
Recent news on Zscaler
See all newsBrief: Zscaler And AWS Join Forces To Secure Genai Across Government, Healthcare, And Education
Astera Labs, CoreWeave and others rise after Nasdaq-100 inclusion
Brief: Zscaler Says Services Sector Targeted Phishing Hits Jump 65.5% In Report
Brief: Zscaler Introduces New ZAgent Framework For Agentic Administration
Brief: Zscaler Expands Project AI-Guardian To Include Technology Alliance Partners