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Shares of Zscaler Inc ( NASDAQ: ZS ) opened about 10% down on Friday after the cybersecurity company issued conservative guidance citing headwinds, including longer sales cycles. Zscaler’s guidance for the future For the second financial quarter, Zscaler now forecasts about 30 ...
Image source: The Motley Fool. Zscaler (NASDAQ: ZS) Q1 2023 Earnings Call Dec 01, 2022 , 4:30 p.m. ET Operator Continue reading For further details see: Zscaler (ZS) Q1 2023 Earnings Call Transcript
First Quarter Highlights Revenue grows 54% year-over-year to $355.5 million Calculated billings grows 37% year-over-year to $340.1 million Deferred revenue grows 55% year-over-year to $1,005.7 million GAAP net loss of $68.2 million compared to GAAP net ...
SAN JOSE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that Zscaler Private Access (ZPA)™ has achieved FedRAMP Moderate authorization, making Zscaler the only cloud security service provider to have all core sol...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Optimists would say that 2023 will indeed be better than 2022. While 2022 has been an exceptionally difficult year for growth stocks, tech stocks, and stock markets in general, there are signs that 2023 could mark a ...
The stock market hasn't had the best of years in 2022, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has been a big disappointment to investors. Down 29% from where it opened the year, the Nasdaq remains in the grip of the longest bear market the index has suffered in ...
The word "hypergrowth" does not describe the current technology bear market. Many stocks that once grew revenue in the high double or even triple digits suddenly found themselves in decline as business conditions changed. Nonetheless, specific niches within tech continue to grow rapidly...
The looming possibility of a recession sent the S&P 500 and Nasdaq Composite spiraling into a bear market this year. Still, some billionaire fund managers bought stocks throughout the downturn. For instance, Israel Englander of Millennium Management nearly tripled h...
Summary I initiate Zscaler with a neutral rating based on rich valuations but, in my view, the long-term prospects and competitive positioning of the company looks strong. The company can pull multiple levers to manage growth and profitability. Near-term, there will be increas...
Summary Nothing can stop Zscaler: not tough comps, inflation, or a recession. While deal scrutiny has been increasing, cybersecurity is still mission-critical. Zscaler has a net cash balance sheet and is flowing cash. Zscaler is buyable among a diversified basket of beaten...
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2024-07-24 11:38:05 ET USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER – USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by...
2024-07-17 14:42:08 ET Shares of Zscaler (NASDAQ: ZS) slid 13.3% in the first six months of the year, according to data provided by S&P Global Market Intelligence . The cybersecurity stock struggled as investors came to terms with the company's slowing growth rate and increa...
2024-07-16 05:58:00 ET According to Cybersecurity Ventures, cybercrime is set to cost the world $9.5 trillion this year, and the damage bill could top $10.5 trillion in 2025. Malicious actors are even using artificial intelligence (AI) to launch highly sophisticated attacks on businesses. ...