Ticker delayed 20 minutes
Avg Daily Volume: 3,321,704 Market Cap: 6.64B Sector: Technology Short Interest: None |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .01/share REV: 89.79/M
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LAST QTR: EPS: .01/share ACTUAL: .07/share (BEAT)
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NEXT QTR: EPS: .04/share REV: 97.37/M
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FULL YR: EPS: .15/share REV: 402.89/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: NA% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -25.25, -9.0, 23.06
EXPECTED JUMP MOVE: 15%
Links To Latest News and Headlines
Zscaler (ZS) concluded the recent trading session at $172.97, signifying a +0.01% move from its prior day’s close.
SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Security Service Edge (SSE) for the third year in a row. Prior to the SSE Magic Quadrant, Zscaler was recognized as a leader for 10 consecutive years in the Magic Quadrant for Secure Web Gateway (SWG). Gartner highlighted Zscaler’s strong revenue growth is outpacing the market, and that Zscale
Zscaler shares received a boost from KeyBanc Capital analyst Eric Heath, who turned bullish on the security software company, which has been under pressure this year amid concern about decelerating growth in billings. Zscaler shares, down about 20% year to date, edged up 1.6% to $175.68 on Thursday. Heath said that following a survey of IT resellers, he has become “more constructive” about the outlook for the competitive landscape in SASE, or “secure access service edge,” where Zscaler is a key player.
Cybersecurity firm Zscaler’s competitive positioning in the SASE market looks better than Wall Street apparently thinks, says a KeyBanc Capital Markets analyst who upgraded the company.
The cybersecurity industry is seeing revenue growth decelerate.
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