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Zscaler shares fall after second-quarter results and cautious ARR outlook

Zscaler shares fell 4.4% in the afternoon session after reporting second-quarter results that beat expectations. Conservative guidance for net-new annual recurring revenue weighed on sentiment.

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Shares of cloud security platform Zscaler fell 4.4% in the afternoon session after the company reported second-quarter results that beat expectations. Conservative guidance for net-new annual recurring revenue weighed on sentiment.

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