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Why Zscaler Stock Soared Today


Shares of Zscaler (NASDAQ: ZS) surged 12.4% on Wednesday after the cybersecurity company delivered strong third-quarter financial results. 

Zscaler's revenue soared 60% year over year to $176.4 million, as more businesses migrated their operations to the cloud during the pandemic. Its adjusted net income, in turn, more than doubled to $21.4 million, or $0.15 per share.

Zscaler's cloud security solutions are in high demand. Image source: Getty Images.

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Source Fool.com

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