Zscaler Stock Price, News & Analysis

Zscaler, Inc. (NASDAQ: ZS) has partnered with Schmitz Cargobull AG to implement its Zero Trust Exchange™ platform, enhancing cloud security for 5,800 employees across 50 global locations. The solution integrates Zscaler Internet Access™ (ZIA™) and Zscaler Private Access™ (ZPA™), providing secure internet access and VPN-free app access for remote workers. This deployment will modernize Schmitz Cargobull's IT security infrastructure, allowing for real-time security updates and reduced attack surfaces, while ensuring critical application availability.

Zscaler (NASDAQ: ZS) will report its fiscal fourth quarter and full-year 2021 earnings on September 9, following the market's close. An investor conference call is scheduled for 1:30 p.m. PT, where the results will be discussed. Interested participants can access the call via a live webcast on the Zscaler website or by dialing 918-922-3018. A telephone replay will be available shortly after the call until September 16.

Zscaler, known for leading in cloud security, aims to enhance customer agility and security through its Zero Trust Exchange.

Zscaler (NASDAQ: ZS) reports a striking 700% increase in IoT-specific malware attacks, primarily impacting industries such as technology, manufacturing, retail, and healthcare, which accounted for 98% of victims. The report, analyzing over 575 million device transactions, identifies the entertainment and home automation devices as high-risk. The majority of attacks originated from China, the United States, and India. The Gafgyt and Mirai malware families were found responsible for 97% of these attacks, with the top targeted nations being Ireland, the US, and China.

Zscaler released its first global report, “Exposed”, analyzing the attack surface of 1,500 companies. The report revealed over 202,000 Common Vulnerabilities and Exposures (CVEs), with 49% classified as critical or high severity. Public clouds, including AWS and Azure, showed significant risks, with over 60,500 exposed instances. Notably, the hospitality and telecom industries were identified as especially vulnerable. The report emphasizes the need for companies to adopt zero trust security measures to protect against increasing cyber threats.

Zscaler (NASDAQ: ZS) has announced new integrations with ServiceNow, enhancing data visibility, access control, and security for the hybrid workforce. This collaboration allows customers to leverage zero trust architectures for improved data protection and quick threat response. Key features include native ingestion of Zscaler's threat intelligence, the ability to prevent unmanaged devices from accessing sensitive data, and streamlined incident response workflows. These improvements aim to bolster compliance and support businesses transitioning to secure digital environments.

Zscaler, a leader in cloud security, reported impressive financial results for Q3 FY2021, with revenue increasing 60% year-over-year to $176.4 million and calculated billings rising 71% to $225 million. Despite a GAAP net loss of $58.5 million, non-GAAP net income rose to $21.4 million. Deferred revenue also grew by 65% to $495.4 million. The company announced its acquisition of Trustdome and Smokescreen Technologies, enhancing its security solutions, and maintains strong cash flow with free cash flow at $55.8 million. Zscaler forecasts continued growth for Q4 and the full year.

Zscaler (NASDAQ: ZS) has announced its acquisition of Smokescreen Technologies, a leader in active defense and deception technology. This move aims to amplify Zscaler's Zero Trust Exchange capabilities, enhancing detection of advanced cyber threats and ransomware. The transaction, pending standard closing conditions, is expected to finalize in fiscal Q4 2021. The integration of Smokescreen's technology aligns with proactive security measures, allowing Zscaler's clients to better thwart sophisticated attacks and improve overall threat intelligence.

Zscaler (NASDAQ: ZS) announced the upcoming Zenith Live 2021 event, showcasing how Fortune 500 IT leaders successfully adopted Zero Trust security models. Scheduled for June 15-23, it will feature over 50 sessions focusing on cybersecurity training and innovations. Keynote speakers include top executives from renowned organizations. Zscaler was recently named Zero Trust Champion of the Year at Microsoft’s awards, underscoring its leadership in secure digital transformation. The event aims to equip businesses with strategies to enhance their cybersecurity measures.

Zscaler (NASDAQ: ZS) announced its participation in several upcoming investor conferences. The events include the J.P. Morgan Technology, Media & Communications Conference on May 26, Bernstein's Strategic Decisions Conference on June 4, Bank of America Global Technology Conference on June 8, Baird's Global Consumer, Technology & Services Conference on June 10, and Mizuho Cybersecurity Summit on June 15. Webcasts for sessions will be available on Zscaler's Investor Relations website, enhancing transparency for investors.