Reported 6 months ago
The article discusses how Zscaler, a leader in zero trust and cloud cybersecurity, reported better-than-expected financial results in the fiscal 2024 third quarter, causing its stock to rise 8.5%. Despite being 58% below its all-time high, Zscaler's recent recovery is promising due to its advanced Zero Trust Exchange technology that enhances cybersecurity in an increasingly vulnerable digital economy. With a strong revenue growth, improved profitability, and a long-term goal to reach $5 billion in annual recurring revenue, Zscaler presents a potential investment opportunity in the cybersecurity industry.
Source: YAHOO