Better Cybersecurity Stock: CrowdStrike vs. Zscaler
The duo has also grown rapidly since their IPOs. CrowdStrike went public in 2019, and its revenue increased at a compound annual growth rate (CAGR) of 65% from fiscal 2019 to fiscal 2024 (which ended this January). Zscaler went public in 2018, and its revenue rose at a CAGR of 53% from fiscal 2018 to fiscal 2023 (which ended last July). CrowdStrike (CRWD 2.54%) and Zscaler (ZS 1.15%) both recently posted strong quarterly reports that exceeded analysts' expectations on the top and bottom lines. Both cybersec ...