Can Zscaler Still Scale Up in Q3?
Cybersecurity specialist Zscaler (NASDAQ: ZS) had the best-performing IPO of 2018, and though the first half of this year looked like it was going to be a repeat performance, the cloud-based solutions provider stumbled hard in August when an analyst cast doubts on whether it could keep up its torrid growth.
It was a prescient call, as Zscaler followed up in September with a fiscal fourth-quarter earnings report that, while beating expectations, provided guidance that suggested growth would slow in the year ahead.
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Source Fool.com
