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 has been included in the Nasdaq-100 Index effective December 20, 2021, marking a significant milestone for the cloud security leader. This addition highlights Zscaler's growth driven by enterprises transitioning from legacy security infrastructures to the Zscaler Zero Trust Exchange. CEO Jay Chaudhry emphasized the achievement reflects the team's performance and collaboration with customers and partners. Zscaler's Zero Trust Exchange is designed to protect users and applications globally, facilitating digital transformation.
Zscaler, Inc. (NASDAQ: ZS) announced the general availability of its new Workload Communications solution, part of the Zscaler Zero Trust Exchange. This innovation enhances security for workloads across multi-cloud environments, eliminating traditional network vulnerabilities. Zscaler's platform facilitates seamless, secure connections between applications without exposing them to cyber threats. Key features include securing cloud-to-internet and cloud-to-cloud communications while optimizing application performance. The solution aids enterprises in accelerating their cloud transformation initiatives by simplifying connectivity and enhancing security regulations.
Zscaler, Inc. reported impressive first-quarter results for fiscal year 2022, with a 62% year-over-year revenue growth, totaling $230.5 million. Calculated billings soared 71% to $247.7 million, and deferred revenue rose 74% to $647.8 million. However, GAAP net losses expanded to $90.8 million, compared to $55.0 million in the same quarter of the previous year. Non-GAAP net income increased slightly to $21.0 million. For Q2 FY2022, revenue guidance is set at $240-242 million, and full-year revenue guidance is projected between $1.00-1.01 billion.
Zscaler has achieved 100% renewable energy for its operations, including offices and over 150 global data centers, as of November 2021. This milestone aligns with Zscaler's commitment to enhancing security while reducing reliance on traditional hardware. By utilizing renewable energy credits, Zscaler aims to minimize its carbon footprint and support client goals for Zero Trust security. With 78% of energy for over 190 billion daily security transactions sourced from renewables, the company is on a journey toward net zero greenhouse gas emissions, highlighting both technological innovation and environmental responsibility.
Zscaler (NASDAQ: ZS), a leader in cloud security, will participate in several upcoming investor conferences. Key events include the NASDAQ Investor Conference on December 2, 2021, at 7:30 a.m. PT, and the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 10:50 a.m. PT. Additionally, Zscaler will hold virtual 1x1 meetings during the BMO Growth & ESG Conference on the same day. Webcasts will be available on the company's Investor Relations page.
Zscaler (NASDAQ: ZS) has announced the rescheduling of its first quarter fiscal year 2022 earnings release to Tuesday, November 30, 2021, after the market closes. This change avoids a conflict with other SaaS companies reporting on the same day. A conference call will be held at 1:30 p.m. PT to discuss the earnings results. Investors can access the webcast via the Zscaler investor relations website.
Zscaler, Inc. (NASDAQ: ZS) announced enhancements to Zscaler Digital Experience™ (ZDX) aimed at improving performance monitoring for applications like Microsoft Teams and Zoom. These new integrations provide unified visibility and management of UCaaS performance, enabling IT teams to quickly identify and resolve issues, thus enhancing collaboration and productivity. With capabilities such as API-based monitoring and automated IT incident management through ServiceNow, ZDX facilitates a proactive approach to maintaining optimal user experiences within a growing remote workforce.
Zscaler, Inc. (NASDAQ: ZS) will announce its first quarter fiscal year 2022 earnings on December 1, 2021, after the market closes. The company will hold an investor conference call at 1:30 p.m. PT to discuss the results. Zscaler is recognized as a leader in cloud security, providing the Zscaler Zero Trust Exchange, which protects users, devices, and applications from cyber threats. The platform is supported by over 150 data centers globally, ensuring robust security for thousands of customers.
Zscaler, recognized as a leader in cloud security, has received Provisional Authorization To Operate (P-ATO) at Impact Level 5 (IL5) from the Department of Defense (DoD) for Zscaler Private Access™ (ZPA™). This authorization allows government agencies to securely manage sensitive data using Zscaler's Zero Trust platform, enhancing cybersecurity for Controlled Unclassified Information (CUI) and unclassified National Security Systems (NSSs). Zscaler's solutions aim to reduce cyber risk as the DoD adopts modern cloud strategies.
Zscaler (NASDAQ: ZS) has reported a staggering rise in cyber attacks, with threats over HTTPS increasing by more than 314% year-over-year. The tech industry faced a 2,300% surge in attacks, while retail and wholesale saw an 800% increase. The State of Encrypted Attacks Report revealed that Zscaler blocked over 20 billion threats from January to September 2021. In contrast, attacks on healthcare decreased by 27%. The report emphasizes the urgent need for zero trust security models to combat these escalating threats.
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