Zscaler Reports Third Quarter Fiscal 2020 Financial Results

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Zscaler (ZS) PT Raised to $110 at Needham & Company

May 29, 2020 8:28 AM EDT

Needham & Company analyst Alex Henderson raised the price target on Zscaler (NASDAQ: ZS) to $110.00 (from $89.00) while maintaining a Strong Buy rating following the company's 3Q. Calculated Billings Jumped 55% to $131 million, 20% ahead of forecast and Revenue Growth of 40% came in 5% ahead of... More

Zscaler (ZS) PT Raised to $115 at Rosenblatt Following 3Q

May 29, 2020 7:43 AM EDT

Rosenblatt analyst Yun Kim raised the price target on Zscaler (NASDAQ: ZS) to $115.00 (from $75.00) while maintaining a Buy rating following the company's 3Q earnings report. ZS reported 3Q y/y billings growth of 55%, which handily beat the Street estimate of 37%.

ZS effectively raised... More

Zscaler (ZS) Tops Q3 EPS by 5c, Q4 Guidance Beats

May 28, 2020 4:11 PM EDT

Zscaler (NASDAQ: ZS) reported Q3 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $110.5 million versus the consensus estimate of $106.3 million.

GUIDANCE:

Zscaler sees Q4 2020 EPS of $0.02-$0.03, versus the consensus of $0.01. Zscaler sees Q4... More