Welcome to our dedicated page for Zscaler news (Ticker: ZS), a resource for investors and traders seeking the latest updates and insights on Zscaler stock.
Zscaler, Inc. (NASDAQ: ZS) is a leading provider of cloud-native cybersecurity solutions, helping organizations securely transform their networks and applications for a mobile and cloud-first world. Headquartered in San Jose, California, Zscaler went public in 2018 and has since been recognized for its innovative approach to Security Service Edge (SSE). The company's flagship services, Zscaler Internet Access and Zscaler Private Access, establish fast and secure connections between users and applications, independent of device, location, or network.
Utilizing a 100% cloud-delivered platform, Zscaler offers enhanced security and a superior user experience that traditional or hybrid solutions cannot match. The Zscaler Zero Trust Exchange™ platform, distributed across more than 150 global data centers, protects thousands of enterprises and government agencies from cyberattacks and data loss by securely connecting users, devices, and applications.
Recently, Zscaler was honored in the inaugural Forrester Wave™ for SSE, recognized as an early innovator in much of the technology now categorized under SSE, including cloud-delivered Secure Web Gateway (SWG) and digital experience management.
In partnership with BT Group, Zscaler is enhancing its position in the market by providing AI-powered zero trust solutions to both private and public sector customers. This collaboration aims to support BT's managed service offerings, helping customers navigate their digital transformation securely.
Additionally, Zscaler's 2024 AI Security Report highlights the firm's role in analyzing AI/ML transactions, revealing significant growth in AI tool adoption and underscoring the critical need for secure AI usage. The company's ThreatLabz Phishing Report further emphasizes the necessity of a robust Zero Trust architecture, given the rise in sophisticated phishing attacks driven by generative AI.
Zscaler continues to innovate with products like Zscaler Digital Experience (ZDX) Copilot and Zscaler Hosted Monitoring, which provide real-time performance insights and continuous monitoring, improving operational efficiency for IT and security teams.
By partnering with Google, Zscaler is facilitating secure access to private applications without traditional VPNs, leveraging Chrome Enterprise for enhanced security and performance. The collaboration ensures that enterprises can safely adopt new technologies while maintaining robust data protection and threat response capabilities.
Zscaler, leader in cloud security, announced its participation in several upcoming investor conferences. The events include the Loop Software Conference on June 1, Bank of America’s 2022 Global Technology Conference on June 8 at 8:00 a.m. PT, and the Mizuho Cybersecurity Summit on June 13 with virtual 1x1 meetings. Webcast sessions will be available on Zscaler's Investor Relations website. Zscaler's Zero Trust Exchange secures connections for users globally, backed by over 150 data centers.
Zscaler, Inc. (NASDAQ: ZS) is set to release its third quarter fiscal 2022 earnings on May 26, 2022, after the market closes. An investor conference call will follow at 1:30 p.m. PT to discuss the results. Interested parties can join the call via webcast or by dialing 918-922-3018. A replay will be available from May 26 to June 2, 2022. Zscaler continues to lead in cloud security, leveraging its Zero Trust Exchange to protect customers globally.
Zscaler announces the appointment of Brendan Castle as Chief People Officer, succeeding Greg Pappas. With over 30 years in senior management and employee operations, Castle aims to enhance Zscaler's People and Culture organization. His experience includes leading Google's global recruiting for 3,000 employees and managing human resources at Citigroup. Zscaler is focused on rapid growth and attracting top talent in the cloud security space. CEO Jay Chaudhry emphasized the importance of a strong culture to support company innovation and employee success.
The 2022 ThreatLabz Phishing Report by Zscaler reveals a staggering 29% increase in global phishing attacks, totaling 873.9 million incidents. The retail sector is the most affected, witnessing an increase of over 400% in phishing attacks, particularly in regions like the US, Singapore, and Germany. The report highlights a troubling rise in phishing-as-a-service, making attacks more accessible to criminals. To counteract such threats, Zscaler emphasizes the importance of adopting a zero trust security model and using advanced AI/ML technologies for defense.
Zscaler, Inc. (NASDAQ: ZS) enhances its Zero Trust Exchange with three innovative capabilities aimed at reinforcing cloud security.
These include Private App Protection, Integrated Deception, and Privileged Remote Access, enabling organizations to effectively minimize attack surfaces and counter threats.
The updates address the growing trend towards cloud applications and remote work, aligning with the increasing demand for more robust security architectures.
Zscaler, Inc. (Nasdaq: ZS) reported a 63% year-over-year increase in revenue, reaching $255.6 million for Q2 of fiscal year 2022. Calculated billings grew 59% to $367.7 million, while deferred revenue rose 70% to $759.9 million. Despite these gains, the company recorded a GAAP net loss of $100.4 million, worsening from $67.5 million the previous year. Non-GAAP net income was $19.2 million, up from $14.0 million. For Q3, Zscaler anticipates revenue between $270 million and $272 million.
Zscaler, Inc. (NASDAQ: ZS) has been recognized as a Leader in the inaugural Gartner 2022 Magic Quadrant for Security Service Edge, marking its 11th consecutive year of leadership in the industry. Gartner evaluated Zscaler based on various factors including its Ability to Execute, where it was positioned highest among 11 vendors. The Zero Trust Exchange platform was praised for enhancing security amid increasing cyber threats, like ransomware and zero-day attacks. Zscaler aims to facilitate secure digital transformation for global organizations, processing over 200 billion transactions daily.
Zscaler, Inc. (NASDAQ: ZS), a leader in cloud security, announced its participation in several upcoming investor conferences. The conferences include the Berenberg Thematic Software Conference on March 2, 2022, at 1:00 p.m. PT, the JMP Securities Technology Conference on March 7, 2022, at 2:30 p.m. PT, and the Wolfe Research Virtual “March Madness” Software Conference on March 23, 2022, at 11:15 a.m. PT. Webcasts of these sessions will be available on the Zscaler Investor Relations website.
Zscaler (NASDAQ: ZS) will report its second quarter fiscal year 2022 earnings on February 24, 2022, after market close. The company will hold a conference call for investors at 1:30 p.m. PT to discuss the results. Investors can access the call via a live webcast on the Zscaler website. A replay will be available shortly after the call concludes. Zscaler specializes in cloud security, providing a Zero Trust Exchange that safeguards thousands of customers from cyber threats across a global network of data centers.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in the Needham Virtual Growth Conference scheduled for January 12, 2022. The presentation will begin at 7:00 a.m. PST (10:00 a.m. EST), with webcasts available on Zscaler's Investor Relations website.
Zscaler's Zero Trust Exchange aims to enhance digital transformation and provides security solutions to customers globally, utilizing over 150 data centers. This platform is recognized as the largest in-line cloud security system worldwide.
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