Zscaler reports Q1 EPS 29c, consensus 26c

Reports Q1 revenue $355.55M, consensus $343.89M. "We delivered strong top line growth with improved operating profitability and increased free cash flow, once again performing at the Rule-of-80. We are seeing customers committing to our broader platform, driven by vendor consolidation and an elevated threat environment," said Jay Chaudhry, chairman and CEO of Zscaler. "Customers are engaging with us to embrace zero trust architecture, eliminate point products, simplify IT and standardize on the Zscaler platform, all of which delivers better security and lower cost."