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The stock of Zscaler ( ZS 5.53%) is seeing strong gains Thursday following the company's recent earnings report. Its share price was up 7% as of 12:45 p.m. ET today.

On top of beating expectations for revenue, Zscaler also beat analyst estimates for adjusted earnings per share with 24% growth. Free cash flow grew even faster at 42%, surging to $143.4 million.

Zscaler exceeds market expectations with strong revenue and EPS growth, backed by its Zero Trust and AI strategies.