Zscaler Shares Fall Despite Raised Guidance. Is It Time to Buy the Stock on the Dip?

While the market showed strong momentum through much of 2024, Zscaler (NASDAQ: ZS) hasn't followed suit and struggled to gain traction in 2024. The latest evidence of this came as share prices fell after the cybersecurity company released its fiscal 2025 first-quarter results. The stock price is now down about 10% on the year as of this writing.The decline in share price comes despite the company reporting solid revenue growth and increasing its guidance. Let's dive into its results to see if this price dip is justified or instead presents a buying opportunity.For its fiscal first quarter ended Oct. 31, Zscaler's revenue jumped 26% year over year to $628 million. That easily topped management's earlier guidance for revenue of between $604 million and $606 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool