Zscaler Gains 5% on Better Than Expected Q3 Earnings
<p><a href='https://financialmodelingprep.com/financial-summary/ZS'>Zscaler (NASDAQ:ZS)</a> shares rose more than 5% on Friday following the company’s reported Q3 earnings results, with EPS of $0.48 coming in above the Street estimate of $0.42. Revenue was $418.8 million, compared to the Street estimate of $411.72 million. Results were driven by broad-based execution across geos and sectors as well as a strong quarter for Federal.</p>
<p>Management anticipates Q4/23 EPS of $0.49, above the Street estimate of $0.47, and revenue in the range of $429-$431 million, compared to the Street estimate of $426.9 million.</p>
<p>For the full 2023 year, management sees EPS at $1.63-$1.64, compared to the Street estimate of $1.56, and revenue of $1.591-$1.593 billion, compared to the Street estimate of $1.581 billion.</p>

NASDAQ:ZS