Zscaler Q2 2024 Adj EPS $0.76 Beats $0.58 Estimate, Sales $525.00M Beat $507.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zscaler reported Q2 2024 adjusted EPS of $0.76, surpassing the $0.58 estimate, with sales of $525M also beating the $507.14M estimate. This represents a 35.45% increase in sales compared to the same period last year.
February 29, 2024 | 9:09 pm
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POSITIVE IMPACT
Zscaler's Q2 2024 earnings and sales exceeded analyst expectations, with a significant year-over-year sales growth.
Zscaler's earnings beat and higher-than-expected sales indicate strong financial health and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100