Zscaler Proves in Q1 It's the Cybersecurity Big Dog

Cloud security expert Zscaler (NASDAQ: ZS) delivered revenue and earnings growth in excess of Wall Street's forecast and its own guidance in the 2020 fiscal first quarter. The rate of growth was somewhat below last year's performance, but the results indicate so far that business isn't being undermined by the competition as much as feared.

Zscaler is enjoying greater adoption of its cloud platform security solutions by global enterprises, and chairman and CEO Jay Chaudhry says the company is "scaling all elements of our go-to-market strategy, as we see enterprises increasingly transforming their network and security to realize the benefits of the cloud."

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Source Fool.com