Zscaler (ZS) Stock News

Zscaler (NASDAQ: ZS) has unveiled advanced AI security capabilities to enhance data protection and combat cyberattacks. The company's platform, which processes over 500 trillion security signals daily, introduced several key innovations: AI-powered data security classification with over 200 categories for sensitive content identification, enhanced generative AI protections with expanded prompt visibility for applications like Microsoft CoPilot, AI-powered segmentation for streamlined app management, and AI-powered Network Intelligence for improved performance monitoring and ISP issue detection. These new features aim to help organizations adopt AI technologies securely while maintaining regulatory compliance and protecting proprietary information.

Zscaler (NASDAQ: ZS) has unveiled new Zero Trust solutions to enhance cybersecurity across branches, multi-cloud environments, and remote settings. The company introduced four key innovations: (1) Unified Appliance for Zero Trust Branch - a solution that secures communications between branches and segments OT/IoT devices, (2) Zero Trust Gateway for Cloud Workloads - a cloud-native service for AWS that secures workload communications, (3) Zscaler Microsegmentation for Cloud Workloads - an AI-driven segmentation service for granular host and process level security, and (4) Zero Trust Exchange for B2B - a platform for secure partner collaboration. These solutions aim to strengthen security, reduce complexity, eliminate lateral threat movement, and enable secure scaling in today's distributed business environment.

Zscaler (NASDAQ: ZS) has appointed Kevin Rubin as its new Chief Financial Officer to drive the company's next growth phase. Rubin, who brings over 20 years of financial leadership experience, will succeed Remo Canessa, who previously announced his retirement. Canessa will remain in an advisory capacity until the end of fiscal year 2025 to support the transition.

Rubin's prior experience includes serving as CFO at BetterUp and Alteryx, where he led the company's IPO and grew ARR to $1 billion. He also held CFO positions at MSC Software, Pictage, DDN Storage, and MRV Communications. In his new role at Zscaler, Rubin will oversee the global finance organization and help scale operations as the company aims to exceed $5 billion in Annual Recurring Revenue.

Zscaler (ZS) reported strong Q3 FY2025 financial results with revenue growing 23% YoY to $678.0 million. The company's calculated billings increased 25% to $784.5 million, while deferred revenue grew 26% to $1,985.0 million. However, Zscaler posted a GAAP net loss of $4.1 million compared to a net income of $19.1 million last year. Non-GAAP net income rose to $136.8 million from $113.0 million. Key developments include the appointment of Kevin Rubin as CFO and Raj Judge to the Board of Directors. Zscaler announced plans to acquire Red Canary, a managed detection and response vendor. The company maintained its leadership position in Gartner's Magic Quadrant for Security Service Edge and IDC MarketScape for Data Loss Prevention. For Q4 FY2025, Zscaler expects revenue between $705-707 million and non-GAAP net income per share of $0.79-0.80. Full-year FY2025 guidance projects revenue of $2.659-2.661 billion and calculated billings of $3.184-3.189 billion.

Zscaler (NASDAQ: ZS) has announced the acquisition of Red Canary, a leader in Managed Detection and Response (MDR). Red Canary's expertise enables customers to investigate threats up to 10 times faster with 99.6% accuracy through automated remediation. The integration will combine Zscaler's cloud security platform, which processes over 500 billion daily transactions, with Red Canary's threat detection capabilities to create an AI-powered Security Operations Center (SOC).

Red Canary, recognized as a Leader in Forrester Wave™ for MDR and featured in Gartner® Market Guide, will enhance Zscaler's ability to protect its customer base, which includes nearly 45% of Fortune 500 organizations. The acquisition is expected to close in August 2025, subject to regulatory approvals.

Zscaler (NASDAQ: ZS), a leading cloud security company, has announced an upcoming innovations briefing for investors during its Zenith Live 2025 event. The briefing will be held on June 3, 2025, from 11:30 a.m. PT to approximately 2:00 p.m. PT in Las Vegas, Nevada. Investors and interested parties can access the live webcast and replay through Zscaler's Investor Relations website at ir.zscaler.com.

Zscaler (NASDAQ: ZS) has been named a Leader in Gartner's 2025 Magic Quadrant for Security Service Edge (SSE) for the fourth consecutive year, achieving the highest position for 'Ability to Execute'. The company's SSE platform provides secure, identity-driven access to internet resources, SaaS platforms, and private applications.

According to Gartner, SaaS represents the largest cloud revenue generator, with projected growth of over 15% through 2028. Building on 15 years of cybersecurity expertise, Zscaler's 'Zero Trust Everywhere' approach extends beyond user access to protect enterprises through a unified, cloud-native SSE platform. The solution addresses key market drivers including VPN replacement, Zero Trust networking, SaaS adoption, and GenAI security.

Zscaler (NASDAQ: ZS), a cloud security leader, has announced its management team's participation in three upcoming investor conferences in June 2025:

• Bank of America 2025 Global Technology Conference in San Francisco on June 5, 2025 at 7:50 a.m. PT
• FBN 28th Semi-Annual Virtual Technology Conference (Virtual) on June 6, 2025 at 8:00 a.m. PT
• 2025 BMO Virtual Software Conference (Virtual) on June 9, 2025 for 1x1 investor meetings

Webcasts of applicable sessions will be accessible through Zscaler's Investor Relations website at ir.zscaler.com.

Zscaler (NASDAQ: ZS) has announced the appointment of Raj Judge to its Board of Directors and as Executive Vice President of Corporate Strategy and Ventures. Judge, who brings over 25 years of experience in tech legal and venture capital, will lead the company's growth strategy, business development, and venture investment initiatives with the goal of driving Zscaler to $5 billion in ARR.

Previously serving as Senior Partner and Co-Chair at Wilson Sonsini's Emerging Companies and Venture Capital practice, Judge will be responsible for key growth and investment opportunities, strategic initiatives, and working with stakeholders to accelerate innovation and expand the company's platform. CEO Jay Chaudhry emphasized Judge's expertise in corporate strategy and investment as crucial for driving Zscaler's growth and innovation agenda.