Welcome to our dedicated news page for Zscaler (Ticker: ZS), a resource for investors and traders seeking the latest updates and insights on Zscaler .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Zscaler 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Zscaler 's position in the market.
Rhea-AI Summary
Zscaler, Inc. (ZS) to present at upcoming investor conferences, including JMP Technology Conference and Morgan Stanley TMT Conference. Webcasts available on Zscaler's Investor Relations website.
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Zscaler, Inc. (NASDAQ: ZS) will release second quarter fiscal year 2024 earnings after the market closes on Thursday, February 29, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. The webcast and dial-in information is available on the Zscaler website at ir.zscaler.com.
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Zscaler, Inc. (NASDAQ: ZS) has announced the Zscaler Zero Trust SASE, a single-vendor SASE solution built on Zscaler Zero Trust AI, aiming to reduce cost and complexity. The company also announced the general availability of its Zero Trust SD-WAN solution and plug-and-play appliances. These solutions are built on a Zero Trust architecture, aiming to provide secure connectivity for branch offices, factories, and data centers while reducing business risk and network complexity. The new approach delivers Zero Trust SASE, bringing together AI-powered SSE platform and the Zero Trust SD-WAN solution to enable a hybrid workforce spanning all locations and remote users.
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Zscaler, Inc. (NASDAQ: ZS) has been recognized as the exclusive leader in the Forrester Wave™ for SaaS Security Posture Management for Q4 2023. Zscaler received the highest scores across 12 criteria, including Data Protection, Scale, and Shadow-IT detection. The company's SSPM solution combines its Zero Trust Platform™ with a robust SaaS application catalog, effective shadow IT detection, and scalable, high-performance data security. Zscaler's Vice President of Product Management, Boris Gorin, expressed the company's dedication to delivering innovative and effective SaaS security solutions.
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Zscaler, Inc. (NASDAQ: ZS) released its annual 2023 State of Encrypted Attacks Report, revealing that 86% of cyber threats are delivered over encrypted channels, with manufacturing being the most targeted industry. Threats over HTTPS grew by 24% year-over-year, with nearly 30 billion threats blocked. Malicious content and malware accounted for 78% of observed attacks, and manufacturing experienced 32% of encrypted attacks, processing over 2.1 billion AI/ML-related transactions. The report emphasized the need for organizations to adopt Zero Trust Network Access solutions to defend against these sophisticated cyber threats.
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Zscaler, Inc. (NASDAQ: ZS) announced the availability of Business Insights, a new addition to its Business Analytics portfolio, enabling organizations to curtail SaaS sprawl and optimize office usage for improved workplace experience and cost savings. New AI-powered innovations within its Zscaler Risk360™ and Zscaler Digital Experience Monitoring™ (ZDX) product offerings leverage the Zscaler Zero Trust Exchange™, providing valuable insights for distributed workplaces. With Zscaler Business Analytics, IT leaders can improve employee experience, reduce cyber risk, and optimize SaaS spend and office utilization, all with their current Zscaler deployment.
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Zscaler, Inc. (NASDAQ: ZS) announced the appointment of Mike Rich as Chief Revenue Officer (CRO) and President of Global Sales, and Joyce Kim as Chief Marketing Officer (CMO) to scale and accelerate the company's next phase of growth. Rich brings over 25 years of sales experience, previously serving as President for the Americas at ServiceNow, while Kim has nearly 30 years of marketing leadership experience at large technology companies like Twilio, Genesys, Arm, and Microsoft.
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Zscaler, Inc. (ZS) reported a 40% year-over-year revenue growth to $496.7 million in the first quarter of fiscal 2024. The company also saw a 34% year-over-year increase in calculated billings to $456.6 million and a 39% year-over-year growth in deferred revenue to $1,399.5 million. However, Zscaler reported a GAAP net loss of $33.5 million compared to a net loss of $68.2 million on a year-over-year basis. On the positive side, the non-GAAP net income was $106.5 million compared to $44.0 million on a year-over-year basis. The company's cash, cash equivalents, and short-term investments also increased to $2,324.4 million as of October 31, 2023.
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Zscaler, Inc. (NASDAQ: ZS) to Present at Upcoming Investor Conferences, Including UBS Global Technology Conference, Scotiabank Global Technology Conference, and Barclays Global Technology Conference. The company will also hold 1x1 Investor Meetings at Citadel Investor Conference in New York City. Webcasts for select sessions will be available on the Zscaler Investor Relations website.
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Zscaler, Inc. (NASDAQ: ZS) reveals that 95% of organizations are using GenAI tools despite 89% considering them a security risk. The survey of 900 global IT decision makers also found that 23% of users have no monitoring in place, with IT teams, not general employees, driving the usage. Zscaler emphasizes the need for secure governance as 51% of respondents anticipate a significant increase in GenAI tool interest before the end of the year.
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Zscaler, Inc.
Nasdaq:ZS
ZS Rankings
ZS Stock Data
25.82B
92.08M
38.57%
49.93%
3.54%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
United States of America
SAN JOSE
About ZS
zscaler enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud first world. its flagship services, zscaler internet access and zscaler private access, create fast, secure connections between users and applications, regardless of device, location, or network. zscaler services are 100% cloud-delivered and offer the simplicity, enhanced security, and improved user experience that traditional appliances or hybrid solutions are unable to match. used in more than 185 countries, zscaler operates the world’s largest cloud security platform, protecting thousands of enterprises and government agencies from cyberattacks and data loss. stay connected: linkedin: https://www.linkedin.com/company/zscaler twitter: https://www.twitter.com/zscaler facebook: https://www.facebook.com/zscaler/