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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 ...
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]
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 ...
Nonetheless, investors typically frown on slowdowns in growth rates, and Zscaler proved no exception. The projection for the fiscal first quarter of 2025 was $605 million at the midpoint, implying ...
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 ...
Zscaler had a high debt-to-equity ratio of 2.7 at the end of fiscal 2024. That's roughly triple its debt-to-equity ratio of 0.9 at the end of fiscal 2018. It also increased its share count by 24% ...
After nearly sixty years, St. Joe decided to get out of the paper business. The mill was sold in 1996 to Florida Coast Paper for $390 million, and that company was able to operate and produce paper until the decline of the container board market. Florida Coast Paper closed the mill on August 16, 1998, [22] and did not reopen. The mill was gone ...
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 learn more, consider subscribing, and click the special ...