Form 8-K · Current Report · Filed 2024-05-30
Zscaler Appoints New Director and Reports Q3 FY24 Financial Results
On May 25, 2024, Zscaler, Inc. announced the appointment of James Beer as a new Class III director, effective immediately. The company also reported its financial results for the third fiscal quarter ended April 30, 2024, showing a year-over-year revenue increase of 32% to $553.2 million. Zscaler's GAAP net income for the quarter was $19.1 million, compared to a GAAP net loss of $46.0 million in the same period last year. Non-GAAP net income was $139.8 million, reflecting significant operational improvements and strategic acquisitions.
- Filer
- Zscaler Inc. ZS · NASDAQ
- Filed
- Accession
- 0001713683-24-000072
- CIK
- 0001713683
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$164.37
Next session
+3.4%
Since filing
-8.0%
Latest close
$151.20
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ZS reporting the same item, with the next session's move:
Exhibits (2)
About Zscaler Inc.
Zscaler Inc. is a pioneering entity in the cybersecurity sector, primarily offering cloud-based information security services. The company specializes in providing secure internet access and private application access using its Zero Trust Exchange platform, which essentially replaces traditional network security architectures with a model built for the cloud era. Zscaler caters to businesses aiming to protect their digital assets by enabling secure, fast, and reliable connections for mobile workforce, IoT, and partner ecosystems. Its platform helps organizations reduce complexity, lower costs, and enhance security by inspecting all internet traffic through its distributed worldwide data centers. As the global shift towards remote work and cloud computing accelerates, Zscaler plays a critical role in ensuring organizational agility and safeguarding data against evolving cyber threats, thereby positioning itself as a crucial player in the technology sector and an influential component of the cybersecurity market.
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