Cloud security provider Zscaler (ZS) posted a fiscal third-quarter earnings beat on Thursday, May 30: $553.2 million in revenue (expected $536.8 million) and earnings of $0.88 per share (expected $0.65 per share).
Zscaler Chairman and CEO Jay Chaudhry comes on Asking for a Trend to talk about the company’s full-year guidance and the broader cybersecurity enterprise landscape, while also addressing rumors of a recent data breach.
"Market is tight, there’s a lot of deal scrutiny. Zscaler is a unique provider where we provide the best cyber security with zero trust architecture," Chaudhry tells Yahoo Finance. "But we also reduce cost because we eliminate a bunch of legacy security point products, firewalls, VPNs, and more. So that’s why we’re able to close business by doing both at the same time."
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