Messaggi
52Subscribe to the podcast so that individual transportation does not become a luxury
00:00:00 Nvidia, Qualcomm, MediaTek
00:50:30 Sunrise Communication A40B6Q
01:07:45 Zscaler
01:19:00 Crowdstrike
01:34:50 Broadcom
01:47:00 Annual HU thanks to EU
Spotify
https://open.spotify.com/show/3SHlvxmpYWkpiWnykajNPa
YouTube
https://www.youtube.com/watch?v=35DxL3Xy7i0
Apple Podcast
$NVDA (-1,17%)
$QCOM (-1,46%)
$2454
$AVGO (+0,44%)
$ZS (+0,21%)
$CRWD (-2,09%)
$SUNC (-0%)
- Financial results (Q3 fiscal year 2025):**
- Sales increased by 23% year-on-year and reached USD 678.0 million.
- Calculated billings grew by 25% to USD 784.5 million.
- Deferred revenue increased by 26% to USD 1,985.0 million.
- While a net loss of USD 4.1 million was recorded under GAAP (compared to net income of USD 19.1 million in the previous year), non-GAAP net income rose from USD 113.0 million to USD 136.8 million.
- **Business development and strategic initiatives:**
- CEO Jay Chaudhry emphasized that increasing customer adoption of the Zero Trust Exchange platform was the foundation for the strong Q3 results.
- The company is increasingly investing in security solutions around Artificial Intelligence (AI) in order to be able to use both public and private AI applications securely.
- Management changes and personnel reinforcements: Kevin Rubin has been appointed as the new CFO and Raj Judge has joined the Executive Board and is active as EVP Corporate Strategy & Ventures.
- In May 2025, Zscaler concluded a definitive acquisition agreement for Red Canary, a leading provider in the field of Managed Detection and Response (MDR).
- Zscaler is also positioned as a Leader in the Gartner® Magic Quadrant™ for Security Service Edge and in the IDC MarketScape for Data Loss Prevention (DLP).
- With the introduction of Zscaler Asset Exposure Management, the company is expanding its Continuous Threat Exposure Management (CTEM) product offering.
- **Outlook and adjustments to key financial figures:**
- For the fourth quarter of 2025, revenue is expected to be approximately USD 705-707 million, non-GAAP income from operations is expected to be USD 152-154 million and non-GAAP net income per share is expected to be approximately USD 0.79-0.80.
- For the full year, Zscaler expects revenue of approximately $2.659-2.661 billion, billings of approximately $3.184-3.189 billion and continued solid non-GAAP earnings.
- Beginning August 1, 2024, a long-term projected non-GAAP tax rate of 23% will be used to provide a more consistent presentation of operating performance.
- **Other operational highlights:**
- Several security reports (including the 2025 AI Security Report, VPN Risk Report and Phishing Report) underline that the use of AI/ML tools in companies has risen sharply and that new cyber threats need to be addressed more intensively.
- Strategic partnerships and customer references, such as the modernization of the T-Mobile infrastructure with the Zero Trust Exchange solution and the integration of Zscaler solutions into the AWS Marketplace for US intelligence agencies, demonstrate the broad market acceptance and application of the technology.
🔹 Revenue: $678.0M (Est. $666.4M) 🟢; +23% YoY
🔹 Adj. EPS: $0.84 (Est. $0.75) 🟢; +18% YoY
🔹 Billings: $784.5M; +25% YoY
🔹 Deferred Revenue: $1.99B; +26% YoY
🔹 Adj. Net Income: $136.8M (Est. $123.9M) 🟢
🔹 Cash from Ops: $211.1M; +22% YoY
🔹 Free Cash Flow: $119.5M (vs. $123.1M YoY)
🔹 Cash + ST Investments: $3.01B; +$596M from FY start
Q4;25 Guidance:
🔹 Revenue: $705M–$707M
🔹 Adj. Operating Income: $152M–$154M
🔹 Adj. EPS: $0.79–$0.80
FY25 Guidance:
🔹 Revenue: $2.659B–$2.661B
🔹 Billings: $3.184B–$3.189B
🔹 Adj. Operating Income: $573M–$575M
🔹 Adj. EPS: $3.18–$3.19
🔹 Diluted Share Count Assumption: ~163–164M
🔹 Non-GAAP Tax Rate: 23% (new methodology)
Strategic & Product Highlights:
🔸 Appointed Kevin Rubin as CFO and Raj Judge as EVP of Strategy & Board Member
🔸 Announced acquisition of Red Canary, enhancing AI-powered MDR capabilities
🔸 Leader in Gartner Magic Quadrant for SSE (4th year in a row)
🔸 Recognized in IDC DLP MarketScape
🔸 Launched Zscaler Asset Exposure Management (CTEM platform foundation)
🔸 Published AI Security, VPN Risk, and Phishing reports via ThreatLabz
🔸 T-Mobile adopted Zscaler Zero Trust Exchange for secure hybrid workforce
🔸 Zscaler now available on AWS Marketplace for U.S. Intelligence Community
Presumably because the New York Times reports on the Pentagon's war plans against China, which Musk was apparently briefed on at the Pentagon today.
In a military conflict between the two economic powers USA and China, the first "Line of Contact" would be a digital one: cyber attacks.
And even if only hypothetical scenarios are reported, this will probably already lead to an intensification of the constant mutual cyber attacks. Information is key.
Sources:
🔹 Adj. EPS: $0.78 (Est. $0.69) 🟢
🔹 Revenue: $647.9M (Est. $634.4M) 🟢; UP +23% YoY
🔹 Calculated Billings: $742.7M; UP +18% YoY
Q3'25 Outlook:
🔹 Adj. EPS: $0.75-$0.76 (Est. $0.74) 🟢
🔹 Revenue: $665M-$667M (Est. $667.25M) 🟡
FY25 Guidance:
🔹 Adj. EPS: $3.04-$3.09 (Est. $2.99) 🟢
🔹 Revenue: $2.64B-$2.65B (Est. $2.69B) 🟡
🔹 Calculated Billings: $3.15B-$3.17B
Q2 Performance:
🔹 Deferred Revenue: $1.88B; UP +25% YoY
🔹 Adj. Operating Income: $140.5M (22% of revenue)
🔹 Adj. Net Income: $127.1M (vs. $99.4M YoY)
🔹 Cash Flow from Operations: $179.4M (27% of revenue)
🔹 Free Cash Flow: $143.4M (22% of revenue)
Strategic & Business Updates:
🔹 Zero Trust Segmentation solution launched to prevent ransomware lateral movement
🔹 Zero Trust Network Access (ZTNA) for SAP introduced to simplify cloud migration
🔹 FedRAMP authorization received for Zero Trust Browser
🔹 Nokia migrating to Zscaler Zero Trust Exchange for enhanced security
🔹 Appointed EVP of AI Innovations, Phil Tee
CEO Jay Chaudhry's Commentary:
🔸 "Strong demand for Zero Trust and AI-driven security fueled our growth. We are leading the shift from legacy security models to a Zero Trust architecture, with new innovations that secure AI applications and drive further expansion."
- Monday: $GTLB (-2,34%) , $OKTA (+0,46%) .
- Tuesday: $CRWD (-2,09%) , $FLTR (-1,82%) , $ONON , $TGT (-0,35%) , $SE-ED .
- Wednesday: $MDB (-0,86%) , $MRVL (-1,05%) , $VEEV (+0,5%) , $ZS (+0,21%) .
- Thursday: $AVGO (+0,44%) , $COST (+0,27%) , $HCP , $HPE (+1,23%) , $27C , $JD. (-1,99%)
After the crowdstrike breakdown and the massive sell-off, I made an anticyclical move and have now $CRWD (-2,09%) and have now sold again at a tidy profit.
I have already $ZS (+0,21%) from the sector and see more potential here for the future.
$ZS (+0,21%) | Zscaler Q1 Earnings Highlights:
🔹 Revenue: $628M (Est. $606M) 🟢; UP +26% YoY
🔹 Adjusted EPS: $0.77 (Est. $0.63) 🟢
🔹 Calculated Billings: $517M (Est. $504M) 🟢; UP +13% YoY
🔹 Deferred Revenue: $1.78B; UP +27% YoY
🔹 Cash Flow from Operations: $331.3M; UP +27% YoY
🔹 Free Cash Flow: $291.9M; UP +30% YoY
Q2 FY25 Guidance:
🔹 Revenue: $633M-$635M (Est. $633M) 🟡
🔹 Adjusted EPS: $0.68-$0.69 (Est. $0.68) 🟡
FY25 Guidance:
🔹 Revenue: $2.623B-$2.643B (Est. $2.613B) 🟢
🔹 Adjusted EPS: $2.94-$2.99 (Est. $2.87) 🟢
🔹 Calculated Billings: $3.124B-$3.149B
Profitability Metrics:
🔹 GAAP Net Loss: $12.1M (Improved from $33.5M YoY)
🔹 Non-GAAP Net Income: $124.3M (UP from $86.4M YoY)
🔹 Non-GAAP Operating Income: $134.1M (21% of revenue; up from 18% YoY)
Balance Sheet Metrics:
🔹 Cash, Cash Equivalents, and Short-Term Investments: $2.71B; UP $298.2M from the prior quarter
Operational Highlights:
🔸 Revenue growth driven by strong sales execution and growing customer engagements.
🔸 Deferred revenue increased by 27% YoY, reflecting higher subscription demand.
🔸 Non-GAAP operating margin improved to 21% from 18% YoY.
🔸 Zscaler’s cloud platform surpassed half a trillion daily transactions, underscoring scalability and trust.
Strategic Updates:
🔸 Appointed Adam Geller as Chief Product Officer to accelerate AI-driven security innovation.
🔸 Announced integrations with CrowdStrike and Okta to enhance Zero Trust and AI-based security solutions.
🔸 Published the Zscaler ThreatLabz 2024 Threat Report, highlighting a 45% YoY increase in IoT malware blocking.
CEO Commentary:
🔸 "Growing customer engagements and strong sales execution drove a solid Q1 with all metrics exceeding our guidance. The combination of Zero Trust and AI is creating exciting new opportunities, which we are well-positioned to capture." – Jay Chaudhry, Chairman and CEO
Zscaler Inc. $ZS (+0,21%) outperformed analysts' estimates of USD 0.63 with earnings per share of USD 0.77 in the first quarter.
Sales of USD 628 million exceed expectations of USD 605.43 million.
I migliori creatori della settimana
