Zscaler Reports Fourth Quarter and Fiscal 2019 Financial Results

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Zscaler (ZS) PT Lowered to $70 at Cowen

September 11, 2019 6:56 AM EDT

Cowen analyst Nick Yako lowered the price target on Zscaler (NASDAQ: ZS) to $70.00 (from $85.00) while maintaining an Outperform rating.

The analyst commented, "F4Q19 billings grew 59% y/y (x-public sector deal), easily topping our +47% estimate as demand for ZSs ZIA/ZPA offerings... More

Zscaler (ZS) PT Lowered to $50 at Rosenblatt

September 11, 2019 6:49 AM EDT

Rosenblatt analyst Yun Kim lowered the price target on Zscaler (NASDAQ: ZS) to $50.00 (from $65.00) while maintaining a Neutral rating.

The analyst commented, "In our view, for a high-multiple stock, there is no room for error. ZS became just the latest example. It... More

Zscaler (ZS) Tops Q4 EPS by 6c; Provides Mixed Outlook

September 10, 2019 4:09 PM EDT

Zscaler (NASDAQ: ZS) reported Q4 EPS of $0.07, $0.06 better than the analyst estimate of $0.01. Revenue for the quarter came in at $86.1 million versus the consensus estimate of $82.79 million.

"Our strong fiscal 2019 results demonstrate our ability to drive growth and profitability while investing in... More