Zscaler, Inc. (ZS) continues to show positive momentum in the current trading session. The stock price stands at $136.03, reflecting a $1.92 increase from the previous close. Trading volume is notably higher, reaching $551,541, representing a 17.93% increase relative to the average.
In the latest earnings report released on February 25th, ZS reported a consensus estimate EPS of $0.89. The company's quarterly revenue and earnings call summary are awaited for further insights into its financial performance.
ZS demonstrated a free cash flow of $239 million, with operating cash flow at $204 million. Notably, there were no debt repayments or stock repurchases in this period. The net change in cash was -$135.44 million, with cash at the end of the period totaling $1.20 billion.
Revenue for the period totaled $815.75 million, resulting in a gross profit of $624.49 million. Operating income was -$51.77 million, with a net income of -$34.31 million. The company reported an EPS and EPS diluted of -21 cents, based on a weighted average of 159.68 million shares.
Key financial ratios include a gross profit margin of 76.55%, a debt ratio of 27.6, and a price-to-sales ratio of 39.15. Notably, the price-earnings ratio stands at -232.7, reflecting market sentiment towards future earnings potential.
ZS showcases a robust financial position with total assets of $6.75 billion, including $1.20 billion in cash and cash equivalents. Total liabilities amount to $4.56 billion, resulting in net debt of $661.64 million.
This report highlights ZS's positive price movement, key financial metrics, and financial health indicators, providing investors with valuable insights into the company's current performance.
Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.