$Zscaler (ZS.US)$ reported earnings Monday that came in above estimates, but the firm's forward-looking guidance did not break through estimates. Meeting forward-looking guidance estimates is not enough for some cyber security, AI, or tech companies.
The firm said Q1 adjusted EPS was $0.77 vs. estimates of $0.63, and sale revenue for the quarter came in at $627.95M over estimates of $606M. Looking toward the second quarter, the firm said revenue would come in at 633-635M, with adjusted EPS of $0.68-$0.69 vs estimates of $633.84M with adjusted EPS of $0.69.
