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Zscaler Stock Sinks on Guidance. Time to Buy the Dip? Geoffrey Seiler, The Motley Fool. September 7, 2024 at 5:10 AM. Shares of Zscaler (NASDAQ: ZS) sank after the cybersecurity company issued ...
It's been a wild ride for Zscaler (NASDAQ: ZS) investors so far in 2024. While shares of the zero-trust cloud cybersecurity innovator gained more than 40% over the past year, they are also down by ...
September 8, 2024 at 3:55 AM. Zscaler 's (NASDAQ: ZS) stock price sank 19% on Sept. 4 after its latest earnings report came out. For the fourth quarter of fiscal 2024, which ended on July 31, the ...
Zscaler was founded in 2007 by Jay Chaudhry and K. Kailash. [4] The company launched its cybersecurity platform in 2008. [5] In August 2012, Zscaler secured $38 million in funding from investors. [6] The company's second funding round, led by TPG Capital, raised $100 million in August 2015. [7]
Chaudhry founded Zscaler, a Zero Trust cloud security company, in 2007. [29] [30] He has said that his goal was to “build the Salesforce of cloud security,” inspired by Marc Benioff. [31] In an interview, Jay discusses why a modernized approach to cybersecurity is needed and the purpose behind the creation of Zscaler technology:
That's where Zscaler's guidance news may be worrying investors a bit. Turning to guidance, Zscaler said it expects to report non-GAAP profits of about $0.62 in fiscal Q1 2025, and $2.84 in fiscal ...
Los Angeles, California. ISSN. 1061-2890. Website. investors.com. Investor's Business Daily (IBD) is an American newspaper and website covering the stock market, international business, finance and economics. Founded in 1984 by William O'Neil as a print news publication, it is owned by News Corp and is headquartered in Los Angeles, California. [1]
September 6, 2024 at 4:59 AM. Investors in cybersecurity company Zscaler (NASDAQ: ZS) probably weren't feeling too secure over the past few days. According to data compiled by S&P Global Market ...