Zscaler reports Q2 EPS 37c, consensus 29c

Reports Q2 revenue $387.6M, consensus $364.91M. "We exceeded both our revenue and profitability guidance in Q2, demonstrating the operating leverage inherent in our business model," said Jay Chaudhry, chairman and CEO of Zscaler. "Even in this difficult macroeconomic environment, we continue to see customers consolidate multiple point products onto our integrated Zero Trust security platform for better security and lower cost. We believe that strong customer interest in our platform, together with the growth in our annual recurring revenue base, supports the increase to our fiscal year guidance."