Cloud security provider Zscaler (NASDAQ: ZS) recently reported its quarterly performance that outpaced market expectations. The company is focusing on AI as its growth engine and recently announced an acquisition in the space as well. Zscaler's Financials Revenues for the second quarter grew 35% to $525 million, ahead of the market's forecast of $507.6 million. Non GAAP EPS was $0.76 compared with the Street's forecast of $0.58. Among key metrics, calculated billings for the quarter rose 27% to $627.6 million, compared with estimates of $610.5 million. Deferred revenue increased 35% to $1.5 billion. For the third quarter, Zscaler expects revenue of $534-$536 million and an EPS of $0.64-$0.65. The market was looking for revenues of $532 million and an EPS of $0.58. Zscaler expects to end the current year with revenues of $2.118-$2.122 billion and an EPS of $2.73-$2.77. The market was expecting revenues of $2.1 billion and an EPS of $2.47. Zscaler's AI Focus