Welcome to our dedicated page for Zscaler news (Ticker: ZS), a resource for investors and traders seeking the latest updates and insights on Zscaler stock.
Zscaler, Inc. (ZS) is a global leader in cloud-native cybersecurity, providing organizations with Zero Trust security solutions for secure digital transformation. This page serves as Stock Titan's definitive source for official Zscaler news, including press releases, financial updates, and strategic developments impacting the cybersecurity landscape.
Key Resources for Stakeholders: Access real-time updates on Zscaler's product innovations, earnings reports, threat research, and partnerships. Investors gain insights into financial performance, while IT professionals discover technical advancements in Zero Trust architecture and cloud security.
News Coverage Includes: Quarterly earnings disclosures, new service launches (e.g., Zscaler Internet Access updates), executive leadership changes, cybersecurity threat analyses from ThreatLabz, and strategic collaborations shaping enterprise security standards.
Why Bookmark This Page: Stay informed about Zscaler's role in combating evolving cyber threats through its SaaS platform. Monitor critical developments affecting ZS stock performance and the $217B cybersecurity market. Check regularly for unfiltered access to primary source materials and market-moving announcements.
Zscaler (NASDAQ: ZS) has launched Zscaler Cloud Protection, a new portfolio designed to enhance security for cloud workloads across any platform. This solution aims to minimize attack surfaces and automate security policies, enabling organizations to adopt a zero-trust approach effectively. Key features include secure configuration compliance, identity-based micro-segmentation, simplified app connectivity, and secure access without internet exposure. With over 90% of organizations exposing cloud services poorly, Zscaler addresses significant security gaps, promising a 90% reduction in policies and 30% cost savings compared to traditional methods.
For Q1 FY2021, Zscaler reported a 52% revenue growth year-over-year, reaching $142.6 million. Calculated billings increased by 64% to $144.7 million, while deferred revenue rose 51% to $371.9 million. Despite a GAAP net loss of $55.0 million, an increase from $17.1 million the previous year, non-GAAP net income improved to $20.0 million. Cash provided by operations was $53.5 million, or 38% of revenue. The company raised its fiscal year guidance, anticipating total revenue for FY2021 between $608 million and $612 million.
Zscaler, the leader in cloud security, is set to host a virtual investor product briefing during Zenith Live 2020. Scheduled for December 9, 2020, at 12:00 p.m. PDT, CEO Jay Chaudhry and other executives will unveil new innovations. A live webcast will be available on the company’s investor relations website. Zscaler's platform protects customers from cyber threats through its Zero Trust Exchange, making it the largest in-line cloud security platform worldwide.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced upcoming presentations at three major investor conferences. The events include the Credit Suisse Technology Conference on December 3, 2020, the UBS Global TMT Conference on December 7, 2020, and the Barclays Global Technology, Media and Telecommunications Conference on December 10, 2020. Each presentation will be accessible via a live and archived audio webcast on Zscaler's Investor Relations website. Zscaler's Zero Trust Exchange is recognized for protecting thousands of customers from cyber threats.
Zscaler (NASDAQ: ZS) announced its virtual event Zenith Live 2020, taking place December 8-9 in the Americas, December 9-10 in Europe, and December 15-16 in Asia Pacific. The event centers on cybersecurity, Zero Trust, and digital transformation, featuring executives from Siemens, Takeda, and more. Attendees will gain insights from keynotes and workshops, with a focus on real-world best practices. Zscaler emphasizes customer-obsession and will unveil significant company news during the event. Registration is available for free.
Zscaler (NASDAQ: ZS) has appointed Chris Kozup as Chief Marketing Officer to lead its global marketing strategy. With over 20 years in enterprise technology marketing, Kozup aims to enhance Zscaler's growth amid increasing demand for cloud security solutions. Previously, he held top marketing roles at Aruba, Nutanix, and Cisco. The CEO, Jay Chaudhry, expressed confidence in Kozup's customer-centric approach, believing it will accelerate Zscaler's efforts to bolster customer reach and engagement during a crucial phase of digital transformation.
Zscaler released its 2020 State of Encrypted Attacks report, revealing a staggering 260% increase in encrypted attacks, affecting key sectors including healthcare (1.6 billion attacks), finance (1.2 billion), and manufacturing (1.1 billion). The report highlights a 5x surge in ransomware attacks since March 2020, with phishing attempts nearing 200 million. Notably, 30% of SSL-based attacks were delivered through trusted cloud providers. Zscaler emphasizes the necessity of SSL inspection to safeguard against these escalating threats.
Zscaler (NASDAQ: ZS) will release its first quarter fiscal year 2021 earnings on December 2, 2020, after market close. An investor conference call is scheduled for 1:30 p.m. PT to discuss the results. Investors can access the call via a live webcast on the company's website. A replay will be available from December 2 to December 9 through specific phone lines. Zscaler leads in cloud security, providing a robust platform that connects users and applications securely, protecting against cyber threats.
Zscaler (NASDAQ: ZS) announced a strategic partnership with VMware to enhance security in modern workplaces. This collaboration aims to simplify the implementation of a Secure Access Service Edge (SASE) architecture and Zero Trust security for global enterprises. Key benefits include:
- Industry leadership: Merging strengths of Zscaler and VMware.
- Product interoperability: Streamlined integration for security and networking.
- Joint customer support: Collaboration to foster customer success.
The partnership aims to focus on achieving outcomes rather than managing complex infrastructures.
Zscaler (NASDAQ: ZS) has announced a strategic partnership with VMware to enhance security in the evolving digital workplace. This collaboration aims to integrate cloud security and SD-WAN solutions, thus simplifying the adoption of a Secure Access Service Edge (SASE) architecture for large enterprises. Key benefits include improved interoperability of products, accelerated customer support through joint engagement, and the combination of both companies' expertise to secure users and data globally.
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