Zscaler shares soar as strong cybersecurity demand powers upbeat Q4 forecast

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- Zscaler forecast fourth-quarter revenue and profit above estimates on Thursday, as businesses spend more on cybersecurity and networking solutions to combat complex online threats, sending its shares up 14% after the bell.

Zscaler expects adjusted earnings per share of about 69 cents to 70 cents in the fourth quarter, compared with estimates of 68 cents.

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