Zscaler Stock Price, News & Analysis

Zscaler, Inc. (NASDAQ: ZS) has been recognized as a Leader in the inaugural Gartner 2022 Magic Quadrant for Security Service Edge, marking its 11th consecutive year of leadership in the industry. Gartner evaluated Zscaler based on various factors including its Ability to Execute, where it was positioned highest among 11 vendors. The Zero Trust Exchange platform was praised for enhancing security amid increasing cyber threats, like ransomware and zero-day attacks. Zscaler aims to facilitate secure digital transformation for global organizations, processing over 200 billion transactions daily.

Zscaler, Inc. (NASDAQ: ZS), a leader in cloud security, announced its participation in several upcoming investor conferences. The conferences include the Berenberg Thematic Software Conference on March 2, 2022, at 1:00 p.m. PT, the JMP Securities Technology Conference on March 7, 2022, at 2:30 p.m. PT, and the Wolfe Research Virtual “March Madness” Software Conference on March 23, 2022, at 11:15 a.m. PT. Webcasts of these sessions will be available on the Zscaler Investor Relations website.

Zscaler (NASDAQ: ZS) will report its second quarter fiscal year 2022 earnings on February 24, 2022, after market close. The company will hold a conference call for investors at 1:30 p.m. PT to discuss the results. Investors can access the call via a live webcast on the Zscaler website. A replay will be available shortly after the call concludes. Zscaler specializes in cloud security, providing a Zero Trust Exchange that safeguards thousands of customers from cyber threats across a global network of data centers.

Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in the Needham Virtual Growth Conference scheduled for January 12, 2022. The presentation will begin at 7:00 a.m. PST (10:00 a.m. EST), with webcasts available on Zscaler's Investor Relations website.

Zscaler's Zero Trust Exchange aims to enhance digital transformation and provides security solutions to customers globally, utilizing over 150 data centers. This platform is recognized as the largest in-line cloud security system worldwide.

Zscaler has been included in the Nasdaq-100 Index effective December 20, 2021, marking a significant milestone for the cloud security leader. This addition highlights Zscaler's growth driven by enterprises transitioning from legacy security infrastructures to the Zscaler Zero Trust Exchange. CEO Jay Chaudhry emphasized the achievement reflects the team's performance and collaboration with customers and partners. Zscaler's Zero Trust Exchange is designed to protect users and applications globally, facilitating digital transformation.

Zscaler, Inc. (NASDAQ: ZS) announced the general availability of its new Workload Communications solution, part of the Zscaler Zero Trust Exchange. This innovation enhances security for workloads across multi-cloud environments, eliminating traditional network vulnerabilities. Zscaler's platform facilitates seamless, secure connections between applications without exposing them to cyber threats. Key features include securing cloud-to-internet and cloud-to-cloud communications while optimizing application performance. The solution aids enterprises in accelerating their cloud transformation initiatives by simplifying connectivity and enhancing security regulations.

Zscaler, Inc. reported impressive first-quarter results for fiscal year 2022, with a 62% year-over-year revenue growth, totaling $230.5 million. Calculated billings soared 71% to $247.7 million, and deferred revenue rose 74% to $647.8 million. However, GAAP net losses expanded to $90.8 million, compared to $55.0 million in the same quarter of the previous year. Non-GAAP net income increased slightly to $21.0 million. For Q2 FY2022, revenue guidance is set at $240-242 million, and full-year revenue guidance is projected between $1.00-1.01 billion.

Zscaler has achieved 100% renewable energy for its operations, including offices and over 150 global data centers, as of November 2021. This milestone aligns with Zscaler's commitment to enhancing security while reducing reliance on traditional hardware. By utilizing renewable energy credits, Zscaler aims to minimize its carbon footprint and support client goals for Zero Trust security. With 78% of energy for over 190 billion daily security transactions sourced from renewables, the company is on a journey toward net zero greenhouse gas emissions, highlighting both technological innovation and environmental responsibility.

Zscaler (NASDAQ: ZS), a leader in cloud security, will participate in several upcoming investor conferences. Key events include the NASDAQ Investor Conference on December 2, 2021, at 7:30 a.m. PT, and the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 10:50 a.m. PT. Additionally, Zscaler will hold virtual 1x1 meetings during the BMO Growth & ESG Conference on the same day. Webcasts will be available on the company's Investor Relations page.