ZScaler (ZS) Earnings & The Role Of A.I. In Cybersecurity

The McKinsey report suggests the potential for 10X growth, with the market reaching nearly $2T in value over the next decade, notes Richard Seewald. He and Kevin Green examine cybersecurity trends. Richard mentions that the cybersecurity category has grown exponentially with accelerated growth expected. They also highlight ZScaler (ZS) 4Q earnings. Its adjusted EPS came in at $0.64 versus an estimated $0.49 and revenue came in at $455.0M versus an estimated $430.4M. ZS continues to capture market share and enterprise spending pullbacks could be a headwind. They then go over names to consider in cybersecurity such as PANW, CRWD, and FTNT. They also outline the role of A.I. in cybersecurity. Tune in to find out more about the stock market today.

The Watch List

08 Sep 2023

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