which both have EV-to-sales ratios exceeding 60,?according to FactSet data.
Zscaler's revenue soared 60% year over year to $176.4 million, as more businesses migrated their operations to the cloud during the pandemic. Its adjusted net income, in turn, more than doubled to $21.4 million, or $0.15 per share.Zscaler's cloud security solutions are in high demand. Image source: Getty Images.
"Our Zero Trust Exchange platform is helping customers realize their digital transformation goals and architect for the new normal of the work-from-anywhere economy," CEO Jay Chaudhry said in a press release.Better still, Zscaler continued to crank out cash. Its operating and free cash flow increased 253% and 513%, respectively, to $73.4 million and $55.8 million.Management is guiding for revenue of?$185 million to?$187?million in the fourth quarter, with adjusted operating income and earnings per share of $13.5 million to $14.5 million and $0.08 to $0.09, respectively.
Even as more people begin to return to their work offices, as the coronavirus crisis subsides, the shift to the cloud is likely to persist. And with cyber hacks increasing in scale and sophistication, demand for Zscaler's cybersecurity tools should remain strong in the coming quarters.This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
The first full week of September is set to be a quiet one in terms of economic data. The agenda for Monday and Tuesday are completely bare, with U.S. market's closed on Monday as Wall Street observes Labor Day. Things pick up slightly on Wednesday, as some jobs data is due out, though investors are sure to be more keen on Thursday's initial and continuing jobless claims data. Friday sees the week close on a muted note, with August's producer price index (PPI) data slated for release.
On the other hand, there's still a decent amount of corporate reports for investors to mull over. Next week's earnings docket includes reports from Casey's General (CASY), Dave & Buster's (PLAY), GameStop (GME), Kroger (KR), Lululemon Athletica (LULU), Oracle (ORCL), Zscaler (ZS), and Zumiez (ZUMZ).Ms. Elle’s daughter and her friends have a plan — if one of them is attacked, they all screenshot the comments and report the account. “Standing up to hate doesn’t just fall on the person being targeted,” Ms. Elle said. “Being an ally can really make a difference when someone is targeted.”
Calling out hate is important, Ms. Getz said, but engaging in a toxic, ongoing exchange can be traumatizing for children and gives extremists more attention.Ms. Getz recommended that when children and adolescents witness online hate they should reply with one clearly worded response: “Let them know that what they are doing is unacceptable and you will not be a part of it — and then disengage and report the account.”
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