Zscaler rises after forecasting annual revenue above expectations

Zscaler

02/09/2025 21:26

** Shares of cloud security firm Zscaler ZS.O up 5.5% at $289.71 in extended trade

** Co forecasts annual revenue between $3.27 billion and $3.28 billion, above expectations of $3.21 billion — data compiled by LSEG

** Expects annual adj. EPS of $3.64 to $3.68 vs estimates of $3.67

** ZS also beats Q4 revenue and adj. EPS estimates, helped by demand for its cybersecurity services to protect digital operations and data, as businesses upscale infrastructure to accommodate AI

** Up to last close, stock has risen 52.2% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))