Jay Chaudry, founder and chief executive officer of Zscaler Inc.
David Paul Morris | Bloomberg | Getty Images
Cybersecurity software maker Zscaler saw its stock fall as much as 18% on Thursday after the company issued quarterly earnings guidance that was slightly less than analysts had predicted.
The move more than erased a 10% gain during regular trading, as cybersecurity stocks traded higher on fears of cyberattacks related to the Russia-Ukraine conflict, and as the overall market staged a late-day rally after an early plunge.
Here’s how the company did:
- Earnings: 13 cents per share, adjusted, vs. 11 cents per share as expected by analysts, according to Refinitiv.
- Revenue: $255.6 million,…