Even cloud-native cybersecurity companies CrowdStrike and Zscaler have been hit, but they're more than holding their own.
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 […]