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Bulls Scaling Back In Zscaler

Cybersecurity software stock Zscaler is falling despite its first-quarter results and full-year guidance beating expectations. 🤔

The company’s adjusted earnings per share of $0.67 topped the expected $0.49. Revenues of $496.7 million and billings of $456.6 million also beat the $473 million and $441 million anticipated. 

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