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The broader market indexes were mixed on Tuesday, as investors focused on the ongoing macroeconomic headwinds and what it meant for the Federal Reserve's ongoing battle to tame inflation. The latest U.S. government data reveled that while that inflation cooled somewhat last month, it was still hi...
SAN JOSE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. . (NASDAQ: ZS), the leader in cloud security, today announced the intent to acquire Canonic Security, a SaaS application security platform innovator. Canonic’s platform is designed to prevent organizations' growing r...
Zscaler ( NASDAQ: ZS ) announced on Tuesday plans to acquire SaaS application security platform company Canonic Security. Terms of the deal were not disclosed. The transaction is expected to close following the completion of Zscaler's ( ZS ) second quarter. Canonic's platf...
SAN JOSE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. . (NASDAQ: ZS), the leader in cloud security, today announced the intent to acquire Canonic Security, a SaaS application security platform innovator. Canonic’s platform is designed to prevent organizations' growing r...
Summary Zscaler helps protect data and applications on a user level. The company generated 54% revenue growth in the latest quarter in spite of tough comps and difficult macro environment. The company has a net cash position and is generating positive non-GAAP net income. I expe...
Summary Zscaler has been a poor investment in the past twelve months. But what about the next twelve months? Zscaler's CAGR is slowing down. But I question whether this insight may already be acknowledged and factored in. Here's why I'm now upgrading my rating from a hold to a buy. ...
One can forgive investors for assuming that hypergrowth is a phenomenon of the past. Numerous companies that once reported massive revenue increases saw their growth slow or, in some cases, give way to declines. However, some companies sidestepped the slowdowns and maintained high growth ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the post-State of the Union address market presenting jitters, contrarian investors enjoy potential discounted opportunities, particularly among cybersecurity stocks to buy. While the benchmark First Trust NASDAQ Cybers...
SAN JOSE, Calif., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, will release second quarter fiscal year 2023 earnings after the market closes on Thursday, March 2, 2023. The company will host an investor conference call that day at 1:30 p.m. Pacific t...
A brutal bear market may have put some investors off stocks. The emotional pain of seeing one's assets lose considerable value was undoubtedly too much for some investors to bear. However, the silver lining in that decline is that many stocks sell for a significant discount, making it easier ...
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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. ...