Zscaler Gets New CFO, Raises Money Outlook

Hey, so get this! Zscaler, that cloud security company, just got a new boss for their money stuff. His name is Kevin Rubin, and he used to be the finance guy over at a mental health startup called BetterUp. He's taking over for Remo Canessa, who actually retired way back in December.

And get this, Zscaler is also saying they're gonna make even more money this year than they thought! Like, they bumped up their prediction from around 2.64 to 2.65 billion dollars to now thinking they'll hit between 2.659 and 2.661 billion bucks. That's pretty cool, right? Analysts were expecting a bit less, so that's extra good news.

Why are they doing so well, you ask? Well, businesses are spending more on keeping their online stuff safe. With all that new AI stuff floating around, companies are worried about losing their important info, so they need good protection. That's where companies like Zscaler come in, offering services to keep data safe and using AI to help with security too.

They even shared their numbers for the last few months, like up to April 30th. They made 678 million in revenue, which was more than what the experts thought they would make. And for how much they earned per share, they did better than expected there too, making 84 cents instead of 75 cents.

It seems like folks are liking the news too, cause Zscaler's shares went up almost 5% after the market closed. Pretty neat!