Zscaler stock falls as results, outlook beat Street



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Zscaler Inc.

ZS + 2.59%

Thursday, December 23, 2011 The Clouds of the Cloud-Based Cybersecurity Company. Zscaler shares fell 6.3% after hours, following a 2.6% rise to close the regular session at $ 72.99 for an 86% year-to-date gain. The company reported a third quarter loss of $ 12.2 million, 10 cents a share, compared with a loss of $ 10 million, or 14 cents a share, in the year-ago period. Adjusted earnings were 5 cents a share. Revenue rose to $ 79.1 million from $ 49.2 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of a penny on share of $ 74.9 million. Zscaler expects earnings of $ 81 million to $ 83 million, while revenues were $ 78.9 million.

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