Zscaler Gets New CFO and Boosts Financial Outlook

Hey, guess what happened with Zscaler, you know, the cloud security company? They just got a new finance guy! His name is Kevin Rubin, and he used to work at a place called BetterUp, which is all about mental health. So, he's taking over from Remo Canessa, who retired back in December. Pretty cool, right?

And get this, Zscaler actually made more money than they thought they would! They even raised their guess for how much money they'll make this year. That's because lots of businesses are spending more on cybersecurity stuff. Like, with all the fancy new AI things out there, businesses are kinda worried about losing their important data. So, they need strong ways to protect themselves.

This means companies like Zscaler, who help protect data and even have AI-powered security stuff, are doing really well. Zscaler thinks they'll make between $2.659 billion and $2.661 billion this year, which is more than they said before. Most people who look at this stuff expected them to make a bit less, around $2.649 billion.

They're also expecting to make more money per share, like between $3.18 and $3.19, which is better than their old guess of $3.04 to $3.09. Also, in the last few months, from February to April, Zscaler made $678 million, which is more than the $666.4 million people thought they would make. And for each share, they made 84 cents, which is more than the 75 cents expected. So yeah, things are looking pretty good for them!