Zscaler (ZS🎃) shares fell 5% Tuesday, a day after the clou🀅d-based cybersecurity platform reported a slowdown in billings and issued underwhelming guidance. In addition, it announced the company's finance chief would be stepping down.

Zscaler posted first-quarter fiscal 2025 adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.77, with revenue up 26% year-over-year to $628.0 million. Both ꧅exceeded forecasts of analysts polled 𒆙by Visible Alpha.

However, billings came in at $516.7 million, a 43% decline from the previous quarter and the lowest total since the first quarter of fiscal 20𓆏24.

Zscaler sees current-quarter adjusted EPS of $0.68 to $0.69 and revenue of $633 million to $635 million. Analy💮sts surveyed by Visible Alpha were looking for $0.69 and $634.8 million, respectively.

CFO To Retire Once Replacement Named

The company also announced that 澳洲幸运5开奖号码历史查询:Chief Financial Officer (CFO) Remo Canessa has decided to retire once his replacement is named. Zscaler noted that Canessa's decision "is not the result, in whole or in part, of any disagreement with the Company on any matters relating to the Company’s operations, policies or practices." It added that a search for a new CFO is under way.

Shares of Zscaler are down about 10% year-to-date.