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Stock impact report

Cybersecurity Stocks Q2 Highlights: Zscaler (NASDAQ:ZS) [Yahoo! Finance]

Zscaler, Inc. (ZS) 
Last zscaler, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
As the Q2 earnings season wraps, let's dig into this quarter's best and worst performers in the cybersecurity industry, including Zscaler (NASDAQ:ZS) and its peers. Cybersecurity continues to be one of the fastest-growing segments within software for good reason. Almost every company is slowly finding itself becoming a technology company and facing rising cybersecurity risks. Businesses are accelerating adoption of cloud-based software, moving data and applications into the cloud to save costs while improving performance. This migration has opened them to a multitude of new threats, like employees accessing data via their smartphone while on an open network, or logging into a web-based interface from a laptop in a new location. The 9 cybersecurity stocks we track reported a satisfactory Q2. As a group, revenues beat analysts' consensus estimates by 1.8% while next quarter's revenue guidance was in line. The Fed cut its policy rate by 50bps (half a percent) in September 2024, th Show less Read more
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