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Zscaler Sees Slowing Growth Ahead

TheMotleyFool 
0 0 04.12.19
Zscaler Sees Slowing Growth AheadPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png
 

Cloud security software provider Zscaler (NASDAQ: ZS) got it mostly right with its fiscal first-quarter report. The company beat analyst estimates for both revenue and earnings, with sales up nearly 50% and adjusted earnings in positive territory.

But Zscaler's guidance wasn't so well received. The company predicted a continued slowdown in revenue growth for the second quarter, a potentially big problem for the stock given its outlandish valuation. Here's what investors need to know.

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Source Fool.com

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