Exhibit 99.1 Third Quarter Highlights SAN JOSE, California - May 30, 2024 - Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2024, ended April 30, 2024. "We delivered an outstanding quarter driven by growing customer interest in our Zero Trust Exchange platform," said Jay Chaudhry, Chairman and CEO of Zscaler. "As threat actors evolve and continue to exploit firewall-based security, Zero Trust security remains a top IT priority, ...

Third Quarter Highlights Revenue grows 32% year-over-year to $553.2 million Calculated billings grows 30% year-over-year to $628.0 million Deferred revenue grows 34% year-over-year to $1,577.0 million GAAP net income of $19.1 million compared to GAAP net loss of $46.0 million on a year-over-year basis Non-GAAP net income of $139.8 million compared to non-GAAP net income of $74.6 million on a yearover-year basis SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (Nasdaq: ZS), the leader in clou ...

One of the fastest-growing IT services brands, Persistent sought a partner that not only had the trusted technology to support its digital transformation but also shared its environmental, social and governance corporate values. "Our initial focus was supporting our anywhere computing model for our employees spread across the globe coupled with zero trust architecture that paid dividends along the way," said Debashis Singh, Chief Information Officer at Persistent. "Ultimately, we aimed to enhance our cybers ...

One of the fastest-growing IT services brands, Persistent sought a partner that not only had the trusted technology to support its digital transformation but also shared its environmental, social and governance corporate values. "Our initial focus was supporting our anywhere computing model for our employees spread across the globe coupled with zero trust architecture that paid dividends along the way," said Debashis Singh, Chief Information Officer at Persistent. "Ultimately, we aimed to enhance our cybers ...

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world's largest in-line cloud security platform. Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/ ...

SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of James Beer to its Board of Directors and also to the audit committee of the Board of Directors. Following the appointment of Mr. Beer, the Zscaler board of directors consists of eight members. "Mr. Beer brings extensive expertise in leading complex finance organizations at large-scale enterprises across multiple industries and will be a valuable asset in helping adv ...

Zscaler (ZS) is scheduled to release third-quarter fiscal 2024 results on May 30. Zscaler, a leader in the zero-trust security model, has demonstrated strong financial performance and innovative advancements. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 28.2%. For the third quarter, Zscaler projects total revenues between $534 million and $536 million. The Zacks Consensus Estimate is pegged at $535.6 million, which indicates ...

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during th ...

Digging into valuation, Zscaler currently has a Forward P/E ratio of 65.45. This signifies a premium in comparison to the average Forward P/E of 23.14 for its industry. Investors should also note that ZS has a PEG ratio of 2.33 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio ...

SAN JOSE, Calif., May 17, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company is scheduled to present at an upcoming investor conference. Details for the event are as follows: Bank of America Global Technology Conference in San Francisco Wednesday, June 5th, 2024 9:20 a.m. PT (12:20 p.m. ET) Sessions which offer a webcast will be available on the "Events & Presentations" section of the Zscaler Investor Relations website at https://ir.zscaler.co ...