When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PLAN - Zscaler: Buy This Name Before The SaaS Correction Is Over
Anaplan Inc.
Zscaler (ZS) is down almost 50% from its July 2019 high, even after beating estimates on revenue and EPS, according to its fiscal Q4 2019 earnings report, released in September 10.
Fundamentally, the company is pretty much the same as it was in July. The revenue and deferred revenue kept rising above 50% over the previous 12 months, the gross margin is above 80%, the net retention rate is at 118% and growing, and the customers continue to come in at a nice pace.