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Zscaler and CrowdStrike Announce New AI and Zero Trust Cybersecurity Integrations
GlobeNewswire News Room· 2024-09-17 16:02
SAN JOSE, Calif. and LAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (Fal.Con 2024) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced a new set of AI and Zero Trust integrations with the CrowdStrike Falcon® cybersecurity platform to advance security operations. The latest integrations with Zscaler Zero Trust Exchange™ Platform, Zscaler Data Fabric for Security, and CrowdStrike Falcon® Next-Gen SIEM modernize security operations to provide advanced threat detection, response, and ris ...
1 Top Stock Down 30% That Could Turn Out to Be a Smart Buy Right Now
The Motley Fool· 2024-09-14 22:00
A huge addressable market could eventually help cybersecurity company Zscaler get back in the good books of investors. This has been a forgettable year for Zscaler (ZS 2.01%) investors so far: Shares of the cybersecurity specialist have lost 30% of their value year to date, and things went from bad to worse for the company following the release of its fiscal 2024 fourth-quarter results on Sept. 3. Though it delivered better-than-expected numbers, Zscaler's stock plunged by 17% the day after that quarterly r ...
Zscaler(ZS) - 2024 Q4 - Annual Report
2024-09-12 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ _____________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 Par Value ZS The Nasdaq Stock Market LLC FORM 10-K _____________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO S ...
Zscaler, Inc. (ZS) Goldman Sachs Communacopia + Technology Conference 2024 (Transcript)
Seeking Alpha· 2024-09-11 19:15
Zscaler, Inc. (NASDAQ:ZS) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Jay Chaudhry - Chairman and CEO Remo Canessa - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Daniel Church - Goldman Sachs Gabriela Borges All right. We will kick it off. Good morning, and thanks for joining us at the Zscaler session at the Goldman Sachs conference today. I'm Gabriela Borges, I cover security here at Goldman. Delighted to have on stage with ...
Zscaler, Inc. (ZS) Goldman Sachs Communacopia + Technology Conference 2024 (Transcript)
2024-09-11 19:15
Zscaler, Inc. (NASDAQ:ZS) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Jay Chaudhry - Chairman and CEO Remo Canessa - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Daniel Church - Goldman Sachs Gabriela Borges All right. We will kick it off. Good morning, and thanks for joining us at the Zscaler session at the Goldman Sachs conference today. I'm Gabriela Borges, I cover security here at Goldman. Delighted to have on stage with ...
Down Nearly 30% in 2024: Is Zscaler's Stock a Buy?
The Motley Fool· 2024-09-08 10:55
This hot cybersecurity company's hypergrowth days could be over. Zscaler's (ZS -3.37%) stock price sank 19% on Sept. 4 after its latest earnings report came out. For the fourth quarter of fiscal 2024, which ended on July 31, the cybersecurity company's revenue rose 30% year over year to $593 million and exceeded analysts' expectations by $25 million. Its adjusted earnings per share (EPS) grew 38% to $0.88 and cleared the consensus forecast by $0.19. Those headline numbers seemed healthy, but its guidance di ...
Why It's Time to Start Buying Shares of Zscaler Stock
The Motley Fool· 2024-09-08 08:15
Investors should reevaluate Zscaler amid the latest earnings report and falling stock price. Zscaler's (ZS -3.37%) stock plunged following the release of its earnings report for the fourth quarter of fiscal 2024 (ended July 31). Although the company reported solid revenue growth and falling losses, a lower-thanexpected outlook for fiscal 2025 seemed to send investors running for the exits. Indeed, the stock's swoon brings with it a much lower share price. Now, the question for investors is whether that lowe ...
Why Zscaler Stock Is Falling, and Is It a Buying Opportunity?
The Motley Fool· 2024-09-07 22:55
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zscaler. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Zscaler Stock Sinks on Guidance. Time to Buy the Dip?
The Motley Fool· 2024-09-07 09:10
Was the tech stock's sell-off an overreaction? Shares of Zscaler (ZS -3.37%) sank after the cybersecurity company issued disappointing guidance in conjunction with its fiscal 2024 fourth-quarter results this week. The stock now trades down nearly 27% so far this year. Disappointing guidance often triggers the market to sell a stock, but was this selloff an overreaction? If it was, is now a good opportunity to buy the stock on the dip? Disappointing guidance In its fiscal fourth quarter (ended July 31), Zsca ...
Zscaler: Sharp Slowdown In Billings Raises Concerns About Growth Outlook
Seeking Alpha· 2024-09-06 12:49
E n - l Michael Vi 60,0% 54.2% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 1Q23 What Happened in 4Q FY2024 Earnings Zscaler (NASDAQ:ZS) experienced an 18% selloff after issuing weaker-than-expected earnings guidance, which implies an 11% YoY decline in non-GAAP EPS for FY 2025. The company is currently facing growth headwinds amid increased competition in the cybersecurity industry. While 2.5's revenue forecast for FY2025 beat market consensus, the revenue growth outlook signals a significant slowdown in billings an ...