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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 ...
With that news, Zscaler stock lost nearly 19% of its value in the following trading session. The state of Zscaler now Despite a significant slowdown, the report may call for some perspective.
August 28, 2024 at 2:45 AM. 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 ...
Published the Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape from April 2023 through April 2024. Findings in the report uncovered an 18% overall increase in ransomware attacks year-over-year, as well as a record-breaking ransom payment of US$75 million – nearly double the highest publicly known ...
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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]
Zscaler's management has a history of offering conservative guidance, which it typically beats handily. Its fiscal Q4 results were quite strong, with the company easily surpassing its prior forecasts.