Zscaler Q4 EPS $0.64 Beats $0.49 Estimate, Sales $455.01M Beat $430.42M Estimate
Portfolio Pulse from Happy Mohamed
Zscaler (NASDAQ:ZS) reported Q4 earnings of $0.64 per share, beating the analyst consensus estimate of $0.49 by 30.61%. This is a 156% increase from the same period last year. The company also reported quarterly sales of $455.01 million, beating the analyst consensus estimate of $430.42 million by 5.71%. This is a 43.06% increase from the same period last year.
September 05, 2023 | 8:07 pm
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POSITIVE IMPACT
Zscaler's Q4 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
Zscaler's Q4 earnings and sales beat analyst estimates by a significant margin. This indicates strong financial performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100