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. reports developments in cloud-native cybersecurity, centered on zero trust access, AI security, data protection, and enterprise governance controls. Its recurring updates cover the Zscaler Zero Trust Exchange platform, Zscaler Internet Access, Zscaler Private Access, data sovereignty capabilities, browser security, and research from ThreatLabz on cybersecurity and AI-related traffic patterns.
Company news also includes earnings releases, annual recurring revenue commentary, investor conference participation, and completed acquisitions that extend its security platform. Zscaler serves enterprise, government, critical infrastructure, and other large organizations through a distributed cloud security architecture operating across more than 160 data centers globally.
Zscaler reported fiscal Q4 2021 with revenue of $197.1 million, up 57% year-over-year. Calculated billings reached $332.2 million, a 70% increase. Deferred revenue also grew to $630.6 million, up 71%. However, the company reported a GAAP net loss of $81.0 million compared to an $49.5 million loss the previous year. Despite the losses, non-GAAP net income rose to $20.3 million. For fiscal 2022, Zscaler expects revenue between $940 million and $950 million.
Zscaler has appointed Eileen Naughton to its board of directors, expanding the board to eight members. Naughton brings extensive experience from her previous role as Chief People Officer at Google and various senior positions there since 2006. Her leadership in fostering company culture at large technology firms is expected to support Zscaler's growth strategy and contribute to its mission of enhancing customers' secure digital transformation. Zscaler continues to lead in cloud security, operating the world’s largest in-line cloud security platform.
Zscaler (NASDAQ: ZS), a leader in cloud security, has announced its participation in several upcoming investor conferences. Key events include the Deutsche Bank Technology Conference on September 10, 2021, the Piper Sandler Global Technology Conference on September 14, 2021, and Citi’s 2021 Global Technology Virtual Conference on September 15, 2021. Presentations will be available for webcast on the Investor Relations section of Zscaler's website. The company focuses on accelerating digital transformation and providing protection against cyberattacks through its Zero Trust Exchange platform.
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.