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Zscaler, Inc. - ZS STOCK NEWS

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.

News

The Future of Security Risk Management and Operations is Data and AI

Rhea-AI Summary
Zscaler acquires Avalor to enhance enterprise security data with Avalor’s Data Fabric for Security, enabling real-time AI-driven security insights and threat prevention. The acquisition aims to leverage Zscaler's massive data foundation to transform AI capabilities in the cybersecurity industry.
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News

Zscaler Reports Second Quarter Fiscal 2024 Financial Results

Rhea-AI Summary
Zscaler, Inc. reports strong Q2 results with revenue growing 35% year-over-year to $525.0 million. The company's Non-GAAP net income increased to $121.1 million compared to $57.6 million in the previous year. Zscaler also saw a significant increase in deferred revenue and cash equivalents. The company introduced new solutions, expanded its business analytics portfolio, and received industry recognition for its security offerings.
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Zscaler to Present at Upcoming Investor Conferences

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Zscaler, Inc. (ZS) to present at upcoming investor conferences, including JMP Technology Conference and Morgan Stanley TMT Conference. Webcasts available on Zscaler's Investor Relations website.
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Zscaler to Host Second Quarter Fiscal Year 2024 Earnings Conference Call

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) will release second quarter fiscal year 2024 earnings after the market closes on Thursday, February 29, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. The webcast and dial-in information is available on the Zscaler website at ir.zscaler.com.
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Zscaler Introduces Industry’s first Zero Trust SASE, Built on Zero Trust AI

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) has announced the Zscaler Zero Trust SASE, a single-vendor SASE solution built on Zscaler Zero Trust AI, aiming to reduce cost and complexity. The company also announced the general availability of its Zero Trust SD-WAN solution and plug-and-play appliances. These solutions are built on a Zero Trust architecture, aiming to provide secure connectivity for branch offices, factories, and data centers while reducing business risk and network complexity. The new approach delivers Zero Trust SASE, bringing together AI-powered SSE platform and the Zero Trust SD-WAN solution to enable a hybrid workforce spanning all locations and remote users.
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Zscaler Positioned as Only Leader in SaaS Security Posture Management Research Report

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) has been recognized as the exclusive leader in the Forrester Wave™ for SaaS Security Posture Management for Q4 2023. Zscaler received the highest scores across 12 criteria, including Data Protection, Scale, and Shadow-IT detection. The company's SSPM solution combines its Zero Trust Platform™ with a robust SaaS application catalog, effective shadow IT detection, and scalable, high-performance data security. Zscaler's Vice President of Product Management, Boris Gorin, expressed the company's dedication to delivering innovative and effective SaaS security solutions.
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News

Zscaler ThreatLabz Finds Most Cyberattacks Hide In Encrypted Traffic

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) released its annual 2023 State of Encrypted Attacks Report, revealing that 86% of cyber threats are delivered over encrypted channels, with manufacturing being the most targeted industry. Threats over HTTPS grew by 24% year-over-year, with nearly 30 billion threats blocked. Malicious content and malware accounted for 78% of observed attacks, and manufacturing experienced 32% of encrypted attacks, processing over 2.1 billion AI/ML-related transactions. The report emphasized the need for organizations to adopt Zero Trust Network Access solutions to defend against these sophisticated cyber threats.
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Zscaler Unveils AI-Powered Analytics Across Cyber Risk, Digital Experience, SaaS Usage, and Workplace Trends

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) announced the availability of Business Insights, a new addition to its Business Analytics portfolio, enabling organizations to curtail SaaS sprawl and optimize office usage for improved workplace experience and cost savings. New AI-powered innovations within its Zscaler Risk360™ and Zscaler Digital Experience Monitoring™ (ZDX) product offerings leverage the Zscaler Zero Trust Exchange™, providing valuable insights for distributed workplaces. With Zscaler Business Analytics, IT leaders can improve employee experience, reduce cyber risk, and optimize SaaS spend and office utilization, all with their current Zscaler deployment.
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2.57%
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Zscaler Appoints Two Key Go-to-Market Leaders to Scale Cloud Security Leader to $5 Billion ARR and Beyond

Rhea-AI Summary
Zscaler, Inc. (NASDAQ: ZS) announced the appointment of Mike Rich as Chief Revenue Officer (CRO) and President of Global Sales, and Joyce Kim as Chief Marketing Officer (CMO) to scale and accelerate the company's next phase of growth. Rich brings over 25 years of sales experience, previously serving as President for the Americas at ServiceNow, while Kim has nearly 30 years of marketing leadership experience at large technology companies like Twilio, Genesys, Arm, and Microsoft.
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Zscaler Reports First Quarter Fiscal 2024 Financial Results

Rhea-AI Summary
Zscaler, Inc. (ZS) reported a 40% year-over-year revenue growth to $496.7 million in the first quarter of fiscal 2024. The company also saw a 34% year-over-year increase in calculated billings to $456.6 million and a 39% year-over-year growth in deferred revenue to $1,399.5 million. However, Zscaler reported a GAAP net loss of $33.5 million compared to a net loss of $68.2 million on a year-over-year basis. On the positive side, the non-GAAP net income was $106.5 million compared to $44.0 million on a year-over-year basis. The company's cash, cash equivalents, and short-term investments also increased to $2,324.4 million as of October 31, 2023.
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FAQ

What is the current stock price of Zscaler (ZS)?

The current stock price of Zscaler (ZS) is $210.96 as of November 22, 2024.

What is the market cap of Zscaler (ZS)?

The market cap of Zscaler (ZS) is approximately 31.6B.

What is Zscaler, Inc.?

Zscaler, Inc. (NASDAQ: ZS) is a cloud-native cybersecurity company that helps organizations securely transform their networks and applications for a mobile and cloud-first world.

What are the flagship products of Zscaler?

Zscaler's flagship products are Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which offers secure access to internal applications.

Where is Zscaler headquartered?

Zscaler is headquartered in San Jose, California.

When did Zscaler go public?

Zscaler went public in 2018.

What is the Zscaler Zero Trust Exchange™?

The Zscaler Zero Trust Exchange™ is a cloud-native platform that securely connects users, devices, and applications, protecting enterprises from cyberattacks and data loss.

What recognition has Zscaler received recently?

Zscaler was recognized in the inaugural Forrester Wave™ for Security Service Edge (SSE) as an early innovator in cloud-delivered security solutions.

What significant partnerships has Zscaler formed?

Zscaler has partnered with BT Group to enhance their managed service offerings with AI-powered zero trust solutions for private and public sector customers.

What insights does the Zscaler 2024 AI Security Report provide?

The report highlights significant growth in AI tool adoption and underscores the critical need for secure AI usage across enterprises.

How is Zscaler addressing the threat of phishing?

Zscaler's ThreatLabz Phishing Report emphasizes the need for a robust Zero Trust architecture to combat increasingly sophisticated phishing attacks driven by generative AI.

What collaboration has Zscaler announced with Google?

Zscaler has partnered with Google to provide secure access to private applications without traditional VPNs, using Chrome Enterprise to enhance security and performance.

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Zscaler, Inc.

Nasdaq:ZS

ZS Rankings

#402 Ranked by Market Cap
N/A Ranked by Dividends

ZS Stock Data

31.61B
94.76M
37.87%
52.71%
2.83%
Software - Infrastructure
Services-computer Programming Services
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United States of America
SAN JOSE