Zscaler shareholders are invited to join a class action lawsuit alleging the company made false or misleading statements about its Q4 financial outlook and failed to disclose key executive departures. The complaint claims that despite strong Q3 revenue growth, Zscaler's lower-than-expected Q4 guidance and reduced cash-flow margin projections led to a sharp stock decline, unlike its cybersecurity peers. Shareholders who bought Zscaler shares between May 27, 2021, and May 27, 2026, can register to participate with no cost or obligation. The deadline for lead plaintiff appointment is January 1, 2999, and participants will receive updates through portfolio monitoring software.
Zscaler reported a strong 25% year-over-year revenue growth to $850 million, beating guidance and expanding non-GAAP operating margins by 100 basis points. Despite wider GAAP losses and some sales leadership challenges causing recent stock volatility...
Zscaler's stock has fallen about 40% year-to-date even though the company continues to beat quarterly expectations and shows strong fundamentals. It maintains mid-20% revenue growth at a scale above $3 billion, with no clear impact from AI on its cyb...
Aston Martin Aramco Formula One Team has entered a multi-year partnership with cybersecurity firm Zscaler to implement its Zero Trust Exchange platform. This partnership aims to secure critical data and operations, including car design and race strat...
