Latest news with #ZS
Yahoo
2 days ago
- Business
- Yahoo
Zscaler Tops Q3 Estimates, Names New CFO
Zscaler (NASDAQ:ZS) continues to climb on Friday, surging 9% on regular trading Friday, following a Q3 fiscal 2025 beat, with revenue up 23% year-over-year to $678 million versus the $667.1 million consensus and adjusted EPS of $0.84 topping the $0.76 estimate. G Warning! GuruFocus has detected 5 Warning Sign with ZS. AAP net loss narrowed to $0.03 per share, well ahead of the $0.12 loss forecast. Looking ahead, Zscaler guided Q4 revenue of $705 million$707 million (versus $707.2 million expected) and EPS of $0.79$0.80 (vs. $0.77), and reiterated full-year revenue of $2.659 billion$2.661 billion. CEO Jay Chaudhry said surging AI adoption is driving demand for Zscaler's AI-centric security, noting investments to secure both public generative-AI apps and private models. The company also named Kevin Rubinveteran CFO of BetterUp and Alteryxas its new finance chief, aiming to propel Zscaler past $5 billion in ARR. Investors should care because strong beats, healthy guidance and Zscaler's AI security push signal durable growth in the cloud-security market as enterprises race to protect new AI deployments. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
2 days ago
- Automotive
- Business Times
MG ZS Hybrid+ review: Hybrid hitman
[Shanghai] Some cars are just cars, but the MG ZS Hybrid+ was born to be an assassin. Its specific target, to hear MG's engineers and product planners tell it, is the Toyota Yaris Cross Hybrid. That ought to worry the Japanese (not to mention, those who sell their cars). The small sport utility vehicle (SUV) with big sales is a showcase of what Toyota excels at, namely fuel efficiency, user-friendliness and fuss-free ownership. The fact that it's in the crosshairs of MG's parent, SAIC, is a clear sign that China's car giants are looking beyond glitzy electric vehicles (EVs) now, and are coming for Japan's hybrid heartland next. Fittingly, the ZS itself will go from being a pure EV offering in Singapore to a hybrid one when the new version arrives in the fourth quarter of the year. Its 1.5-litre petrol-electric setup is good for a gutsy 215 horsepower in other markets, but the interesting thing is that the MG can apparently run on electric power alone all the way up to 87 kmh. Nevertheless, MG is looking at how to detune the powertrain to let the car qualify for the cheaper Category A Certificate of Entitlement here. That means lopping off at least 40 per cent of its power output, which might not sound like much fun, but without it the ZS Hybrid+ would be dead on arrival. In any case, the MG's main selling point seems to be space. At 4.43 metres long, the ZS Hybrid+ is still a compact car, but it's a whole 25 centimetres longer than its Japanese foe. As a result, rear legroom is generous for the class, and the rear doors swing open wide enough that you can heave a child seat on board without dislocating a shoulder. A NEWSLETTER FOR YOU Friday, 2 pm Lifestyle Our picks of the latest dining, travel and leisure options to treat yourself. Sign Up Sign Up I didn't have a baby stroller handy when I test drove the car at MG's private proving grounds, but to me the boot looked big enough to swallow one, maybe even two (strollers, I mean, not babies). Officially, the ZS Hybrid+ offers 443 litres of cargo space with the rear seats up, expanding to a generous 1,457 litres when folded flat. Either way, there's plenty of room for luggage and groceries, in a class not known for cars with big boots. In a similar vein, MG's designers say there are 30 storage areas inside, so your kids will have no shortage of places to stash half-eaten boxes of Hello Panda biscuits. The cabin itself shows a bit of flair, with angular lines, a gear lever that looks like it was lifted from an airplane's cockpit and a crisp digital driver display screen. They suggest that MG is trying to catch the eye of younger buyers with the ZS, so I'm clearly not the target buyer. My favourite feature is the air-con vents, which are mounted nice and high, where they can actually do some good. I didn't get to play much with the 12.3-inch touchscreen, and one reason for that is that a row of physical switches lets you get by without jabbing at the screen like a fiend. The other reason is that I simply didn't spend much time behind the wheel. My test drive took place on a fenced-off patch of tarmac with enough room to show off the hybrid system's peppiness, but no real way to assess the ZS' handling (unless you count swerving around the stray dogs who wandered into the area). I also have no idea how the MG's suspension fares on real-world roads, how quiet the car is on the highway or whether the hybrid system is as fuel-efficient or smooth as Toyota's. But if first impressions count for anything, the ZS Hybrid+ is a promising car with a strong focus on the day-to-day practicality that buyers really look for in the small SUV segment. Priced competitively, this would-be assassin could have killer appeal. MG ZS Hybrid+ (as tested) Engine 1,495 cc, 16V, in-line four Electric motor 136 hp, 250 Nm Engine power 102 hp Engine torque 128 Nm System power 215 hp System torque 465 Nm Gearbox 3-speed auto Top speed 170 kmh (estimated) 0-100 kmh 8.7 seconds Fuel efficiency 4.7 L/100 km Price To be announced Agent Eurokars EV Available Now
Yahoo
2 days ago
- Business
- Yahoo
Zscaler Tops Q3 Estimates, Names New CFO
Zscaler (NASDAQ:ZS) continues to climb on Friday, surging 9% on regular trading Friday, following a Q3 fiscal 2025 beat, with revenue up 23% year-over-year to $678 million versus the $667.1 million consensus and adjusted EPS of $0.84 topping the $0.76 estimate. G Warning! GuruFocus has detected 5 Warning Sign with ZS. AAP net loss narrowed to $0.03 per share, well ahead of the $0.12 loss forecast. Looking ahead, Zscaler guided Q4 revenue of $705 million$707 million (versus $707.2 million expected) and EPS of $0.79$0.80 (vs. $0.77), and reiterated full-year revenue of $2.659 billion$2.661 billion. CEO Jay Chaudhry said surging AI adoption is driving demand for Zscaler's AI-centric security, noting investments to secure both public generative-AI apps and private models. The company also named Kevin Rubinveteran CFO of BetterUp and Alteryxas its new finance chief, aiming to propel Zscaler past $5 billion in ARR. Investors should care because strong beats, healthy guidance and Zscaler's AI security push signal durable growth in the cloud-security market as enterprises race to protect new AI deployments. This article first appeared on GuruFocus.
Yahoo
2 days ago
- Business
- Yahoo
Zscaler Q3 Earnings Beat: Will Strong Guidance Lift the Stock Higher?
Zscaler ZS reported third-quarter fiscal 2025 non-GAAP earnings of 84 cents per share, which beat the Zacks Consensus Estimate by 12%. Moreover, the bottom line increased 18.3% year over year, driven by higher revenues and efficient cost earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 18.7%.Zscaler's third-quarter fiscal 2025 revenues of $678 million beat the Zacks Consensus Estimate by 1.8% and exceeded management's guidance of $665-$667 million. The top line grew 23% year over year, demonstrating the company's strong market position, fueled by heightened customer commitments to the Zero Trust Exchange platform and a growing demand for its artificial intelligence (AI)-based the stronger-than-expected third-quarter results, Zscaler raised its guidance for fiscal 2025. The stronger-than-expected results and raised guidance for fiscal 2025 are likely to lift ZS stock higher. Zscaler shares have gained 39.1% year to date, outperforming the Zacks Security industry's growth of 17.2%. Zscaler, Inc. price-consensus-eps-surprise-chart | Zscaler, Inc. Quote During the fiscal third quarter, Zscaler's calculated billings increased 25% year over year to $784.5 the Americas accounted for 54% of revenues, while the EMEA contributed 30%. The Asia Pacific and Japan made up the remaining 16%.In the fiscal third quarter, ZS added multiple large customers across all its offerings, including ZIA, ZPA and ZDX. Its net 12-month trailing dollar-based retention rate was 114%, driven by the sale of bigger bundles and strong Performance Obligations (RPO), representing Zscaler's committed non-cancelable future revenues, were $4.978 billion as of April 30, which increased 30% year over year. The current RPO is approximately 48% of the total the end of the quarter, the company had 642 customers with $1 million or higher annualized recurring revenues (ARR). Zscaler's customer count for ARR of more than $100,000 reached 3,363 at the end of the third quarter. The non-GAAP gross profit increased 20.8% year over year to $544.15 million. The non-GAAP gross margin contracted 100 basis points (bps) on a year-over-year basis to 80%.Total non-GAAP operating expenses, accounting for 58.6% of revenues, increased 21% year over year to $397.5 non-GAAP operating income was $146.7 million compared with the year-ago quarter's $121.83 million. The non-GAAP operating margin remained the same year over year at 22%. As of April 30, 2025, Zscaler had $1.99 billion in cash, cash equivalents and short-term investments compared with $2.88 billion as of Jan. 31, company generated operating and free cash flows of $211.1 million and $119.5 million, respectively, during the third quarter. In the first three quarters of fiscal 2025, Zscaler generated operating and free cash flows of $721.8 million and $554.8 million, respectively. Zscaler revised its outlook for fiscal 2025. The company now forecasts revenues in the range of $2.659-$2.661 billion, up from the previous guidance of $2.640-$2.654 billion. The Zacks Consensus Estimate for fiscal 2025 revenues is pegged at $2.65 billion, suggesting growth of 22.18% from fiscal billings are now expected in the range of $3.184-$3.189 billion, up from the previous guidance of $3.153-$3.168 earnings per share for fiscal 2025 are expected in the band of $3.18-$3.19 compared with the previous guidance of $3.04-$3.09. The consensus mark for fiscal 2025 earnings is pegged at $3.06 per share, which has remained unchanged over the past 30 the fourth quarter of fiscal 2025, Zscaler projects revenues between $705 million and $707 million. The Zacks Consensus Estimate for fourth-quarter fiscal 2025 revenues is pegged at $707.18 million, implying growth of 19.28% year over earnings per share are projected between 79 cents and 80 cents. The Zacks Consensus Estimate is pegged at 75 cents, which has remained unchanged over the past 30 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Currently, ZS carries a Zacks Rank #3 (Hold).Paylocity Holding PCTY, StoneCo STNE and BlackBerry BB are some better-ranked stocks that investors can consider in the broader Zacks Computer & Technology STNE and BB sport a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today's Zacks #1 Rank stocks here. PCTY shares have declined 5.1% year to date. The Zacks Consensus Estimate for PCTY's full-year 2025 earnings is pegged at $6.95 per share, up by 4.51% over the past 30 days, indicating an increase of 0.99% from the year-ago quarter's reported shares have surged 68.2% year to date. The Zacks Consensus Estimate for STNE's full-year 2025 earnings is pegged at $1.43 per share, up by 3.62% over the past 30 days, indicating a gain of 5.93% from the year-ago quarter's reported shares have gained 5.5% year to date. The Zacks Consensus Estimate for BB's full-year 2025 earnings per share is pegged at 10 cents, unchanged over the past 30 days, indicating a gain of 400% from the year-ago quarter's reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report StoneCo Ltd. (STNE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
4 days ago
- Business
- Business Insider
Netskope taps Morgan Stanley for U.S. IPO, Reuters reports
Cybersecurity firm Netskope has hired Morgan Stanley (MS) to lead preparations for a U.S. initial public offering, according to a Reuters report by Echo Wang and Milana Vinn. Netskope is aiming to go public as early as the third quarter of this year, potentially raising over $500M with a valuation that could exceed $5B, sources indicated, though these plans are subject to market conditions. Founded in 2012, Netskope provides cloud-based security software, competes with firms like Rubrik (RBRK) and Zscaler (ZS), and was valued at $7.5B in 2021. CEO Sanjay Beri previously told Reuters in June 2024 that an IPO would help grow brand awareness for the company. Confident Investing Starts Here:
