Zscaler Beats EPS Estimates, Up 23.8%
(NASDAQ:ZS), a provider of cloud-native security solutions, released its earnings for the second quarter of fiscal 2025 on March 5, 2025. The announcement highlights significant financial gains, with its reported revenue of $647.9 million surpassing the market’s expectation of $634 million. Similarly, the company delivered a non-GAAP EPS of $0.78, exceeding predictions of $0.69. The quarter reflects the company's robust strategies and operational focus, despite an increase in operating expenses.
Source: Analyst estimates for the quarter provided by FactSet.
Founded in 2007, Zscaler is a pioneer in cybersecurity, driving innovation with its Zero Trust Exchange platform. This platform offers comprehensive security solutions, overturning traditional perimeter-based approaches to a more secure, cloud-based model. By ensuring that users can access only necessary resources, Zero Trust architecture effectively reduces potential security threats.
Source Fool.com
Zscaler Inc Stock
The stock is an absolute favorite of our community with 97 Buy predictions and no Sell predictions.
With a target price of 272 € there is potential for a 138.51% increase which would mean more than doubling the current price of 114.04 € for Zscaler Inc.
