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Zscaler is standing out in the world of cybersecurity. It focuses on zero trust solutions. It seems to be doing well, although its stock dipped a bit after the last report.
Last quarter was good. Revenues rose 21%, reaching $719.2 million. Earnings per share also improved. They have quite a bit of cash.
They are exploring new areas. The security of AI and data everywhere. Sounds interesting. Their Z-Flex program could drive growth. It's not entirely clear how it will work.
For next year, they expect revenues between $3.265 and $3.284 million. A growth of 22-23%. Ambitious.
Zscaler compares well with others like CrowdStrike. They have grown steadily. Their shares are not cheap, that's for sure. But in the long run, it could be an attractive option. It is a booming sector, after all.