Zscaler (NASDAQ: ZS) reported first-quarter 2021 financial results after the regular trading hours on Wednesday. The software company reported Q1 revenue of $142.6 million, up 52% year-over-year, and higher than the Wall Street projection. Meanwhile, a net income of $0.14 per share was much better than what analysts had anticipated.
ZS shares rose 6.6% immediately following the announcement. The stock has more than tripled since the beginning of this year.
Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark
In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO
Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results