Zscaler ($ZS) AH down 16% – Is algorithm overreaction?


Revenue $255.56M (+62.8% Y/Y) beats by $13.69M. (highest percentage growth ever)

EPS $0.13 beats by $0.02

Next quarter guidance: Total revenue of $270 million to $272 million vs. consensus of $257.35M. EPS $0.10 to $0.11 (consensus $0.11) — The miss of $0.01 causing the drop?

Full year guidance: Total revenue of $1.045 billion to $1.05 billion (beats consensus $1.01B ), EPS $0.54 to $0.56 (beats consensus $0.52 )

The widening loss is as usual and expected because of more spending on marketing and R&D


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