Why Zscaler Stock Popped This Morning

Why Zscaler Stock Popped This Morning

Shares of Zscaler (NASDAQ: ZS) popped as much as 14% this morning after the company reported fiscal second-quarter earnings. Revenue in the fiscal second quarter was $157 million, compared to the consensus estimate of $147.4 million. Wall Street analysts were looking for just $0.08 per share in adjusted profits.