In today's video, I discuss bearish and bullish points for Zscaler (NASDAQ: ZS). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Nov.
Zscaler's (NASDAQ: ZS) stock sank 7% during after-hours trading following its latest earnings report before reclaiming that lost ground on the following day. For the first quarter of fiscal 2024, which ended on Oct. 31, the cloud-based cybersecurity company's revenue rose 40% year over year to $497 million and exceeded analysts' expectations by $23 million. Was that brief pullback a buying opportunity or a red flag for Zscaler's future?