Post-earnings recap
Reported
Tue, Dec 4, 2018
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Zscaler's earnings report showed a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by nearly 5%, likely due to a lack of revenue details and forward guidance. Investors may be cautious as they await more concrete information on future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.01 | N/A | +149.34% |
| Revenue | N/A | N/A | N/A |
Overall, management expressed confidence in the company's growth trajectory despite not providing specific guidance. They emphasized the importance of innovation in maintaining competitive advantage.
Management highlighted strong demand for their cloud security solutions.
They noted ongoing investments in product development to enhance offerings.