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Zscaler Is Upbeat on Revenue and Analysts Raise Price Targets. But the Stock is Falling.

·2 min read
Zscaler Is Upbeat on Revenue and Analysts Raise Price Targets. But the Stock is Falling.
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Zscaler reports revenue of $230.5 million for the first quarter of fiscal 2022, up 62% year over year and ahead of Wall Street estimates of $212 million.