Cybercrime is on track to cause $10.5 trillion worth of damage to the global economy in 2025, according to Cybersecurity Ventures. More businesses are operating online than ever before, which leaves them vulnerable to attackers who can strike at any time of the day, and from anywhere in the world.
Zscaler (ZS 3.10%) investors may want to forget 2024. Shares of the cybersecurity specialist have dropped more than 10% so far this year due to concerns about its slowing growth, and the company seems set to enter 2025 on the back foot.
The headline numbers for Zscaler (ZS) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Explore how Zscaler's (ZS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
While the market showed strong momentum through much of 2024, Zscaler (ZS -0.36%) hasn't followed suit and struggled to gain traction in 2024. The latest evidence of this came as share prices fell after the cybersecurity company released its fiscal 2025 first-quarter results.
Zscaler NASDAQ: ZS shares tanked more than 7% in premarket trading following its FQ1/CQ3 earnings report, opening a textbook buy-the-dip opportunity. The results failed to impress the analysts, but that is the only thing wrong with the report.
Cloud cybersecurity developer Zscaler (ZS) outdid estimates for its fiscal first quarter, posting revenue of $627.96 million and adjusted earnings per share (EPS) of $0.77, while underwhelming on its second quarter guidance. Zscaler also announced the retirement of its CFO Remo Canessa.
Zscaler Inc ZS shares tanked in early trading on Tuesday, even after the company reported upbeat fiscal first-quarter results.
Zscaler, a leader in zero-trust security, reported better-than-expected earnings and raised its FY 2025 guidance, yet its stock dropped 8% pre-market. Despite the selloff, Zscaler appears undervalued at $190, with strong sales and profitability growth prospects, making it a compelling buy. Zscaler has consistently beaten consensus estimates, suggesting continued outperformance; potential EPS for 2026 could imply a forward P/E of 45.
In this video, I will cover Zscaler's (ZS -4.77%) recent earnings report and explain why the dip is worth buying. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Zscaler (ZS) shares fell 5% Tuesday, a day after the cloud-based cybersecurity platform reported a slowdown in billings and issued underwhelming guidance. In addition, it announced the company's finance chief would be stepping down.
Zscaler's Q1 performance benefits from increasing customer interactions and effective sales execution supported by a robust AI portfolio.