Zscaler CEO talks Q1 earnings, cybersecurity, CFO retirement
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Zscaler reported strong fiscal Q1 results, surpassing revenue and EPS estimates, but provided disappointing Q2 guidance. Additionally, the company announced the retirement of CFO Remo Canessa.
December 03, 2024 | 11:30 pm
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NEUTRAL IMPACT
Zscaler exceeded Q1 earnings expectations with $627.96M in revenue and $0.77 EPS, but its Q2 guidance was below expectations. The retirement of CFO Remo Canessa adds uncertainty.
Zscaler's strong Q1 performance is a positive indicator, but the lower-than-expected Q2 guidance may temper investor enthusiasm. The CFO's retirement introduces additional uncertainty, potentially affecting investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100