Zscaler Inc. (ZS)
Zscaler, Inc. (ZS) Citi Global TMT Conference Transcript
Zscaler, Inc. (NASDAQ:ZS ) Citi Global TMT Conference September 5, 2024 11:40 AM ET Company Participants Jay Chaudhry – Chief Executive Officer and Founder Remo Canessa – Chief Financial Officer Conference Call Participants Fatima Boolani – Citi Fatima Boolani Everybody, Fatima Boolani here. I jointly run their software research team here at Citi.
Stock Of The Day: Is The Zscaler Meltdown Over?
Markets are driven by emotions and psychology. They are what makes patterns form on charts.
Zscaler Plunges 19% on Dim Profit Outlook: How to Play the Stock?
Despite ZS stock's 19% drop, the company's leadership in cloud security and strong growth potential make it worth retaining.
Why Zscaler Stock Crashed by More Than 17% Today
Zscaler delivered beats on the top and bottom lines Tuesday afternoon. Sales growth remained strong, but management forecast a growth slowdown in its fiscal 2025.
Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
Shares of Zscaler Inc ZS tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results.
ZS Q4 Earnings Beat: Will Weak FY25 Guidance Drag Down Shares?
Zscaler's fiscal fourth-quarter performance reflects increased success in selling bigger bundles and strong customer traction for the Zero Trust Exchange platform.
Zscaler: Weak Guidance, But Not All Doom And Gloom
Zscaler published Q4 results yesterday after market hours, and the stock is down by 15-18% in pre-market today. Billings growth in H1 could be weak, but investors should take note of the back-ended effect from contracted, non-cancellable billings. Gross margins may drop due to a focus on emerging products, and FCF margins could decline as CAPEX commitments increase, though the overall cash position still remains strong.
Why Are Shares of Zscaler Crashing After Earnings?
Despite a double beat, Zscaler stock crashed 16% after reporting earnings.
Zscaler Q4 Earnings: Scaling Back (Rating Downgrade)
Zscaler's stock dropped 15% after hours due to its projected 10th consecutive quarter of revenue growth deceleration, now priced at 46x forward non-GAAP operating profits. Despite a rock-solid balance sheet and strong medium-term growth prospects, Zscaler's slowing growth and competitive pressures raise concerns. Zscaler's fiscal Q1 2025 will likely show lower profit margins, contradicting expectations for higher profitability as the company scales.
Watch These Zscaler Price Levels as Stock Plunges After Profit Outlook Disappoints
Shares in Zscaler (ZS) plunged in extended trading Tuesday after the provider of cloud-based cybersecurity services issued current quarter and full-year earnings guidance that came in significantly below Wall Street expectations, as enterprise customers manage technology budgets and spending more carefully against a backdrop of economic uncertainty.
Zscaler, Inc. (ZS) Q4 2024 Earnings Call Transcript
Zscaler, Inc. (NASDAQ:ZS ) Q4 2024 Earnings Conference Call September 3, 2024 4:30 PM ET Company Participants Ashwin Kesireddy - Vice President, Investor Relations and Strategic Finance Jay Chaudhry - Chairman and Chief Executive Officer Remo Canessa - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Brad Zelnick - Deutsche Bank Roger Boyd - UBS Joseph Gallo - Jefferies Ittai Kidron - Oppenheimer Brian Essex - JPMorgan Matt Hedberg - RBC Capital Markets Shrenik Kothari - Baird Patrick Colville - Scotiabank Adam Borg - Stifel Hamza Fodderwala - Morgan Stanley Operator Good day, everyone, and thank you for standing by. Welcome to Zscaler Fourth Quarter 2024 Earnings Call.
Zscaler (ZS) Q4 Earnings and Revenues Surpass Estimates
Zscaler (ZS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.64 per share a year ago.
