E n - l Michael Vi 60,0% 54.2% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 1Q23 What Happened in 4Q FY2024 Earnings Zscaler (NASDAQ:ZS) experienced an 18% selloff after issuing weaker-than-expected earnings guidance, which implies an 11% YoY decline in non-GAAP EPS for FY 2025. The company is currently facing growth headwinds amid increased competition in the cybersecurity industry. While 2.5's revenue forecast for FY2025 beat market consensus, the revenue growth outlook signals a significant slowdown in billings an ...