Shares of Zscaler (NASDAQ: ZS) have crushed the broader technology sector this year with an impressive gain of 77%, significantly higher than the Nasdaq Composite's 36% rise, and it looks like this cybersecurity specialist could be heading higher after its latest earnings report. Zscaler released fiscal 2024 first-quarter results (ended Oct. 31) on Nov. 27. The company's revenue and earnings were well ahead of what Wall Street was anticipating.
Zscaler, Inc. (NASDAQ:ZS) Q1 2024 Earnings Call Transcript November 27, 2023 Zscaler, Inc. beats earnings expectations. Reported EPS is $0.67, expectations were $0.49. Operator: Thank you for standing by, and welcome to Zscaler’s First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen only mode. [Operator Instructions] As a reminder, today’s […]
Black Friday and Cyber Monday sales just wrapped up, and if you're like me, you probably did all of your shopping online. Technologies like cloud computing have allowed businesses to create seamless digital experiences for their customers, in addition to managing their global workforces and streamlining their operations. In fact, research from McKinsey & Company estimates cyberattacks will cause a whopping $10.5 trillion in damage to businesses each year by 2025.