ZS的财报超出低预期，但股价表现疲软；在先前指引失误后，股价可能趋于稳定。
逐段跳播
现在，让我们转向一个利润引擎，Zscaler，它今天在你的关注范围内。这是进入其财报周的网络安全公司之一。它没有取得与同行类似的业绩。
Now, let's move on to a profit engine, Zscaler, which is on your radar today. This was one of the cybersecurity names that made it into its week of reporting. It did not achieve a similar performance to its peers.
是的，这是一份不错的报告。我的意思是，看超出每股收益预期，以及超出营收。他们超出了营收增长数据，达到8.982亿美元。这是同比增长25%。他们的自由现金流录得约6.8%的季度利润率。
自由现金流达到7.79亿美元，利润率为23%。年度经常性收入，我认为，是这里的亮点。它同比增长25%，达到约37.7亿美元。这是积极的事情。现在有785个客户产生超过100万美元的经常性收入。
这同比增长18%。有4,182个客户产生超过10万美元的经常性收入。这增长了20%。所以，这些都是积极的数字。
Yes, it was a good report. I mean, look at exceeding earnings per share expectations, and exceeding revenue. They have exceeded their revenue growth figures, reaching $898.2 million . This was a 25% year-on-year increase. Their free cash flow recorded a quarterly margin of approximately 6.8%. Free cash flow amounted to $779 million, with a profit margin of 23%. Annual recurring revenue, I think, was a bright spot here. It rose by 25% year-on-year to reach approximately $3.77 billion. This is a positive thing. There are 785 clients who now generate more than $1 million in recurring revenue. This represents an 18% year-on-year increase. There are 4,182 customers who generate more than $100,000 in recurring revenue. This is an increase of 20%. So, these are positive numbers.
而且听了昨天CEO Jay Choudhury的评论。他只是说他非常乐观。他们发布了他们自己的“零信任”版本的AI代理。它正在获得动力。他们相信这将在2028年和2029年加速。
And listening to the comments of the CEO yesterday, Jay Choudhury. He simply said that he was very optimistic. They have released their own "zero trust" version of AI agents. It is gaining momentum. They believe this will accelerate during 2028 and 2029.
所以，虽然这份报告的预期上限非常低，但我们仍然看到一些疲软。我的意思是，财报后该股交易区间非常宽，从每股超过201美元跌至170美元。所以，也许有一些稳定性。但预期很低。我们昨天在“Fast Market”节目中讨论过这个。
在这份报告之前预期很低。因此，克服它并不困难。我们今天看到了一些目标价上调。但这可能有助于公司在之前两份疲软的指引报告后稳定下来。记住，由于不太乐观的指引，该股在最近的财报中大幅下跌。
因此，这可能略微重置预期，并为该股未来提供一些支撑。
So, while the ceiling of expectations was very low for this report, we still see some weakness. I mean, the stock traded in a very wide range after the earnings , from over $201 per share down to $170. So, perhaps there is some stability. But expectations were low. We discussed this yesterday on the " Fast Market" program. Expectations were low prior to this report. Therefore, it was not difficult to overcome. We have seen some price target increases today. But this may help stabilize the company after two weak guidance reports in previous earnings. Remember that the stock fell sharply in recent earnings reports due to less optimistic guidance. Therefore, this may slightly reset expectations and provide some support for the stock going forward.
这个频道对 $ZS 的历次判断
Schwab Network 在这只股票上共 4 条判断，这里只列相邻的几条。