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Shares of Zscaler (NASDAQ: ZS) sank after the cybersecurity company issued disappointing guidance in conjunction with its fiscal 2024 fourth-quarter results this week. The stock now trades down ...
September 8, 2024 at 6:55 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 ...
Why Are Shares of Zscaler Crashing After Earnings? In this video, I will cover Zscaler 's (NASDAQ: ZS) latest earnings report and explain why the stock is tanking. Check out the short video to ...
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 switchboard, known as the Zscaler Zero Trust Exchange, is the world’s largest security cloud which processes over 360B+ transactions and 500T+ signals daily. The company’s cybersecurity solutions use context such as a user’s location, their device’s security posture and the content being exchanged to determine whether it’s ...
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 ...
CoStar Group, Inc. is a Washington, DC -based provider of information, analytics, and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. [1] Founded in 1987 by Andrew C. Florance, the company has grown to include the online database CoStar and many online ...
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.