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Zscaler Reports Slowing Sales Momentum

September 13, 2019

Security vendor says it needs a more efficient sales machine, analysts note increasing competition

Zscaler, one of the hottest security vendors in the market, took a couple of body blows this week following its earnings report, in which quarterly revenue failed to meet Wall Street expectations and management indicated slowing sales cycles. The market interpreted that as the company hitting economic and competitive headwinds that will slow its pace toward $1 billion in revenue.