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ZS News Highlights
- ZS's 30 day story count now stands at 62.
- Over the past 25 days, the trend for ZS's stories per day has been choppy and unclear. It has oscillated between 1 and 15.
- The most mentioned tickers in articles about ZS are MA, ALTO and PANW.
Latest ZS News From Around the Web
Below are the latest news stories about Zscaler Inc that investors may wish to consider to help them evaluate ZS as an investment opportunity.
Zscaler, Inc. (ZS) Q2 2022 Earnings Conference Call February 24, 2022 04:30 PM ET Company Participants Bill Choi - Senior Vice President of Investor Relations & Strategic Finance Jay Chaudhry - Chairman & Chief Executive Officer Remo Canessa - Chief Financial Officer Conference Call Participants Andrew Nowinski - Wells Fargo...
Cloud-based security solutions provider Zscaler, Inc. (NASDAQ: ZS) reported better-than-expected second-quarter results. Backed by continued demand for its zero-trust security offerings, ZS exceeded both earnings and revenue expectations. The company even guided for the third quarter and full-year fiscal 2022, which came in better than analysts' estimates. However, following the news, the ZS stock broke the upward momentum of intraday trading where the shares had gained 10%, and plunged 14.9% during the extended trading session on February 24. At the time of writing, during pre-market trading today, the stock is down 13.4%. Better-than-expected Q4 Results Zscaler’s revenue leaped 63% year-over-year to $255.
Losers page, we’ve identified the top 5 pre-market stock movers, as detailed below. 5 Biggest Movers Farfetch Limited (FTCH), the provider of a technology platform for the luxury fashion industry, was the biggest gainer in the pre-market session, jumping 29.6% at the time of writing. The company reported a lower-than-expected fourth-quarter 2021 loss though revenue missed expectations. Additionally, Gross Merchandise Value (GMV) of $1.3 billion surged 22%.
Crowdstrike can potentially be a massive SaaS company going forward.
Shares of Zscaler (NASDAQ: ZS) fell 15.8% on Friday following the release of the cloud security leader's fiscal 2022 second-quarter results. Zscaler's revenue surged 63% year over year to $255.6 million in the quarter, which ended on Jan. 31. "The importance of our Zero Trust Exchange architecture has never been clearer to customers undertaking digital transformation," CEO Jay Chaudhry said in a press release.
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Zscaler stock was tumbling Friday after the cloud-based internet security company’s guidance deflated investor enthusiasm, even as its second-quarter results handily beat estimates. Zscaler (ticker: ZS ) was down 18.4% to $214.82 on Friday. For the third quarter ending in April, Zscaler predicts earnings of around 10 cents and 11 cents a share on revenue of $270 million to $272 million, in line with forecasts for 11 cents a share and higher than revenue estimates of $267.4 million.
Zscaler's (ZS) Q2 results reflect benefits from solid demand for its cybersecurity portfolio, including the Zero Trust Exchange platform amid growing cloud migration and digitization trend.
Sarge-fave Zscaler was one of those names. After the closing bell, Zscaler released the firm's fiscal second quarter financial results. For the three month period ending January 31st, Zscaler posted adjusted EPS of $0.13 on revenue of $255.56M.