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Investors will be hoping that the Q4 update confirms that Zscaler is progressing toward its goal of $5 billion in ARR, more than double the size of the business currently. That multiyear road map ...
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 released what looked like a solid report on the surface. Revenue for fiscal Q4 was $593 million, a 30% increase from year-ago levels. Moreover, the rise in cost of goods sold and operating ...
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 ...
For a deeper dive into best practices for protecting your organization and the full findings, download the Zscaler ThreatLabz 2024 Ransomware Report. Methodology The research methodology for this report is a comprehensive process that uses multiple data sources to identify and track ransomware trends. The report team collected data from a ...
Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving ...
The company ended the quarter with $2.41 billion in cash and short-term investments on its books, while it has $1.14 billion in debt in the form of convertible notes.