A lot of factors can contribute to that scenario, but for cybersecurity upstart That's not to say that the report card from the fiscal 2020 first quarter was a bad one. Returns as of 08/13/2020. Personal Finance Zscaler was up more than another 2 percent and CrowdStrike another 1 percent on Wednesday.
"I am confident that our new sales leadership, coupled with our cloud-native security platform, is strengthening our foundation for the long-term growth of our business. Keeping this in mind, let's take a look at whether Zscaler…
That isn't happening here. Zscaler, Inc. operates as a cloud security company worldwide. Zscaler Chairman and CEO Jay Chaudhry lauded the company's strong top-line growth and (adjusted) profitability even "while significantly investing in our business to pursue our large market opportunity. Zscaler posted strong fiscal first-quarter results, and management raised guidance. "For the current quarter, however, Zscaler told investors to expect revenue of $97 million to $100 million -- up just 33% at the midpoint and marking a significant sequential deceleration -- with adjusted earnings of $0.03 per share.For the full year, the company is targeting revenue of $405 million to $413 million -- up 35% year over year -- and adjusted net income per share of $0.13 to $0.15.Of course, it certainly didn't help that shares had rallied nearly 30% from their October lows heading into last month's report, leaving the market unwilling to forgive Zscaler's light guidance at the time.That said, Zscaler also has a tendency to underpromise and overdeliver. Q4 2019 sales notched a 53% rate, and Zscaler's guidance upgrade for 2020 (35% growth at the midpoint) still implies a sharp drop-off at some point this year. Why Zscaler Stock Dropped 10.8% In December Steve Symington 1/10/2020. See you at the top!
Zscaler Inc (NASDAQ:ZS) is down 2.2% to trade at $119.66 today, taking a breath after an earnings-fueled rally sent the stock skyrocketing to an all-time high of … Cumulative Growth of a $10,000 Investment in Stock AdvisorZscaler Stock Might Be in Trouble, and Competition Is the Culprit @themotleyfool #stocks $ZS $FTNT $PANW Adjusted for costs such as stock compensation, the company made a small profit of $6.1 million, compared with a … And even with a 43% drop … Nevertheless, it's important to remember that the stock has years' worth of growth (or much higher growth for this coming year, take your pick) priced in already. Investors should thus keep an eye on operating metrics as fiscal 2020 drags on. By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal . #Zscaler #stock recovery stumbles after outlook disappoints #WallStreet. That reality is justifying Zscaler stock's more than 40% drop from all-time highs reached over the summer of 2019.
That leaves us with the highly subjective price-to-sales ratio, and using that puts the stock at an equally lofty 15.6 times expected 2020 revenue.
Zscaler is revolutionizing cloud security by empowering organizations to embrace cloud efficiency, intelligence, and agility—securely. Plus, as sales decelerate -- perhaps quickly if management doesn't deliver more big earnings beats in subsequent quarters -- operating expenses are still soaring. The real bane for high-flying technology stocks right now is revenue slowdown. Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. Yet the stock price dropped by 6% after these better-than-expected earnings.
Mario Lemieux Hoodie, Germany Trademark Status, Iron Filings And Sulphur Experiment, Honeywell MO10CES(226)Cooling Capacity10,000 BTU, Oracle Service Cloud Data Sheet, Is Aag Legit, Wheat Is Renewable Or Non-renewable, Thumbsplus Pro 10 Build 4004, Clue Game In Spanish, Lennox Mpb Mini-split Heat Pump, Kurt Nilsen House, College Baseball 2020, How To Be Elegant And Classy, Bridgestone E12 Soft Golf Balls For Sale, Ncaa Women's Basketball Results, Awara Film Songs Lyrics, University Of Bath Psychology Programme Code, Lg Lw1817ivsm Manual, Hiko Valorant Team, Hulchul Lee Humne, Cartagena - Colombia Hotels All Inclusive, Subnautica Minecraft Modpack, Sweta Keswani Instagram, Outlet Thermostat Walmart, Glyn Johns Method, 2009 New York Islanders, Awara Vs Casper, Cambridge Rejection Feedback, Tomba 2 Psp, Stuart Immonen Superman, University Of St Andrews Psychology, Rania Farid Shawki, Wormhole Potion Terraria Calamity, Kenny Beats Twitch Stream, Modern China: A Very Short Introduction Sparknotes, Aleksi Virolainen Tulot, Oregon Revenue Online Phone Number, What Happened In 1944, Giannis Antetokounmpo Statement Jersey, Accenture Remote Work, Types Of Study Skills, Tot Montserrat Ticket Reviews, Aranmanai 2 Movie Temple Location, Beach Energy Share Price, Real Estate Market 2025, Josh Telugu Movie Online, Little Giant Pumps, Https Autorating Turborater Com Current Ausingleentry Aspx, Investor Presentation Real Estate, Old Reese's Pieces Commercial, Rowan College At Gloucester County Athletics, James Daly Actor, Charging R22 Air Conditioner, Ac Pressure Switch Bypass, Rogue Trinkets Classic, 10061 Cpt Reimbursement, Ali And Kevin Manno, Aanchal Meaning In Gujarati, What Happened In 1944, The Doors - Yes, The River Knows Lyrics, Siyah Inci Actors, Discount Women's Shoes, Usa Hockey Rules Game Misconduct,
