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Cloud security provider Zscaler (NASDAQ: ZS) recently reported its quarterly performance that outpaced market expectations. Zscaler is seeing delays in the closing of big deals and expects its billings to slow down in the near future. But it continues to grow in the current economic conditions through acquisitions. Zscaler's Financials Revenues for the second quarter grew 52% to $387.6 million, ahead of the market's forecast of $363.8 million. Net income was $57.6 million, compared with a net income of $19.2 million reported a year ago. On an adjusted basis, EPS was $0.37 compared with the Street's forecast of an EPS of $0.29. Among key metrics, calculated billings for the quarter grew 34% to $493.8 million. Deferred revenues grew 46% to $1.111 billion. For the third quarter, Zscaler expects revenue of $396-$398 million and an EPS of $0.39. The market was looking for revenues of $388.69 million and an EPS of $0.31. Zscaler expects to end the current year with revenues of

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