Report
Mark Cash
EUR 100.00 For Business Accounts Only

Secular Shifts Continuing to Facilitate Zscaler Disruption; FVE Up to $67

Narrow-moat Zscaler delivered another stellar quarter, exceeding our expectations as well as consensus estimates on both the top and bottom lines. The beat-and-raise cadence of past results persisted, with management raising full-year guidance higher than even our above-consensus estimates. Enterprises continue to adopt external SaaS applications and public cloud infrastructure for IT agility and efficiency, with the attendant traffic and security implications driving demand for the firm’s platf...
Underlying
Zscaler Inc.

Zscaler is a cloud security company that developed a platform incorporating security functionalities needed to enable users to safely utilize authorized applications and services based on an organization's policies. The company's solution is a purpose-built, multi-tenant, distributed cloud security platform that secures access for users and devices to applications and services, regardless of location. The company delivers its solutions using a software-as-a-service business model and sells subscriptions to customers to access its cloud platform, together with related support services. The company conducts business worldwide, with presence in North America, Europe and Asia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Mark Cash

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