Tag Archive for: expectations

SG Americas Securities LLC Reduces Holdings in Zscaler as the Company Outperforms Expectations in Recent Earnings Report

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On September 19, 2023, investment firm SG Americas Securities LLC revealed a significant decrease in its holdings of Zscaler, Inc. (NASDAQ:ZS) shares during the second quarter. According to the company’s latest Form 13F filing with the Securities & Exchange Commission, SG Americas Securities LLC’s holdings in Zscaler saw a reduction of 64.1%, equivalent to selling 49,646 shares. As a result, the fund now possesses 27,800 shares of the company’s stock. The total value of these remaining shares at the time of filing was estimated to be $4,067,000.

This decrease in SG Americas Securities LLC’s stake in Zscaler demonstrates a significant shift in their investment strategy within the technology sector. Typically, such moves speak volumes about an investor’s outlook on a particular company or industry.

Earlier this month, Zscaler released its quarterly earnings results for the period ending September 5th. The company exceeded analysts’ expectations by reporting earnings per share (EPS) of $0.64 compared to consensus estimates of $0.49 EPS, representing an increase of $0.15 EPS.

During this quarter, Zscaler generated revenue totaling $455 million, surpassing analysts’ projected revenue of $430.38 million. This marks a substantial growth rate of 43% compared to the same quarter last year when considering revenue figures alone.

Moreover, it is worth noting that Zscaler struggled with negative financial performance indicators such as negative return on equity and negative net margin during this reporting period. These factors reveal potential concerns about profitability and operational efficiency within the organization.

Despite these challenges, research analysts anticipate that Zscaler will post -1.13 earnings per share for the current fiscal year when considering all quarters combined.

Zscaler holds significant importance within the technology sector due to its specialization in cloud-based security services and solutions aimed at safeguarding enterprise networks and data. As the reliance on cloud computing and remote work continues to expand, companies like Zscaler are well-positioned to capitalize on this growing market.

Investors closely monitor the financial…

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Career paths in cybersecurity: Key skills, salary expectations and job description

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Cybersecurity professionals are in increasingly high demand, especially since society is so digital and data-driven. Businesses and individuals must take decisive and defensive actions to avoid becoming future targets as cyberattacks become more common and well-orchestrated. 

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[ Learn more: What is cybersecurity: Definition, importance, threats and best practices ]

The following information about cybersecurity careers and salaries will help you know what to expect and which skills are most beneficial for people in the industry. It will also give you a rundown of potential roles and responsibilities. 

Key skills for cybersecurity professionals

One of the most common questions people have about cybersecurity before getting into the field is whether it’s a good career. However, no single option is universally ideal for everyone. It all depends on what skills people have and what they want to achieve as working professionals. 

Cybersecurity careers are like others in that people are most likely to succeed in them by having certain skills. That doesn’t mean individuals should give up on cybersecurity career paths if they don’t have all the capabilities yet. However, specific skills are undoubtedly valuable for anyone aiming to thrive in a cybersecurity career. Here are some of the main areas to focus on. 

Problem-solving skills

Some people say every part of cybersecurity involves problem-solving to some degree. Professionals working in the field must frequently tackle issues with unknown outcomes. Consider cases where cybersecurity teams face new kinds of ransomware or zero-day vulnerabilities. They don’t get through those situations without excellent problem-solving skills. 

Having the willingness to examine issues from all angles will also help. When people analyze situations thoroughly, they’re more likely to discover things others may overlook. That’s especially important in cybersecurity since the attack methods malicious…

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Debunking myths about consumer expectations around mobile apps security

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Appdome has released a global consumer survey which provides comprehensive insight into the complex and sophisticated security, malware and threat-defense expectations of mobile consumers in the United States, Europe, Latin America and Asia.

mobile apps security myths

The findings provide a rare glimpse into the voice of the consumer, debunking common myths about consumers’ mobile app security expectations with significant implications for CISOs, security teams and others charged with protecting mobile app users.

The survey queried a demographically diverse sample of more than 10,000 mobile consumers from multiple continents. The results offer CISOs key insights into which mobile app threats consumers fear most, which apps consumers expect will have the highest level of security, changes in consumer expectations for mobile app security as a result of COVID-19, and the rising strength of mobile app security expectations across every key demographic and geographic audience.

With this data, CISOs can accelerate their work to improve and deliver better mobile app security in Android and iOS apps and debunk several myths held by non-cybersecurity professionals.

Mobile apps security myths

Myth #1: Consumers are comfortable with “buyer beware” mobile app security strategies.
Reality: Consumers expect the publisher to provide a very high level of mobile app security and protection in the mobile app.

mobile apps security myths

  • 73% of all consumers would stop using a mobile app if it left them unprotected against attack
  • 74% of all consumers would stop using a mobile app if their app was breach or hacked
  • 46% of all consumers would tell their friends to stop using an app if their app was breach or hacked

Myth #2: Consumers are willing to give up security to get better features in the mobile app.
Reality: Most consumers value security and malware protection as much or more than they do features.

  • 38% of all consumers say they care most about security when using mobile apps
  • 37% of all consumers say they care most about features in mobile apps
  • 25% of all consumers care most about security and features, equally

Myth #3: Protecting against network and cloud breaches should be #1 priority.
Reality: Consumers care most about app-level,…

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BlackBerry Stock Rises As Earnings Meet Expectations As Security Revenue Disclosed

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BlackBerry earnings for the May quarter fell from a year earlier but met expectations as revenue edged by Wall Street targets. BlackBerry stock rose on the news as it broke out computer security software revenue for the first time.




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Canada-based BlackBerry (BB) reported a 5-cent loss on an adjusted basis for the quarter ending May 31. Revenue fell 16% to $174 million, including $107 million in cybersecurity sales and $43 million in “Internet of Things” sales, the company said. IoT revenue includes automotive software.

Analysts expected BlackBerry to report a 5-cent per-share loss on revenue of $171.3 million. In the year-earlier quarter, Blackberry stock earned 2 cents per share on revenue of $206 million.

BlackBerry stock rose 1.4% to 12.86 in extended trading on the stock market today. In Thursday’s regular session, shares fell 3.5%.

Blackberry Stock: Intellectual Property Sale Expected

Analysts expected lower intellectual property licensing revenue to impact the BlackBerry earnings report. The company is in talks to sell its intellectual property portfolio. BlackBerry garners about 30% of revenue from intellectual property fees.

Blackberry stock has gained some 92% in 2021, though shares retreated heading into the fiscal first-quarter earnings report. Investors using social media have driven BB stock and other so-called meme stocks higher, including AMC Entertainment (AMC), GameStop (GME) and Clover Health (CLOV).

Here’s an in-depth look at BB stock, using IBD technical and fundamental analysis.

A one-time leading maker of mobile devices, BlackBerry was a driving force in pagers and cellphones. But its hardware business collapsed in 2008 amid competition from Apple (AAPL) iPhones and Android devices.

BlackBerry pivoted to mobile security software under Chief Executive John Chen. Also, BlackBerry has been a provider of software in the automotive market for entertainment and mapping programs.

If you’re new to IBD, consider taking a look at its stock trading system and CAN SLIM basics. Recognizing chart patterns for companies like BlackBerry stock is one key to the investment guidelines.

IBD offers a broad range of growth stock lists, such as Leaderboard. Investors also…

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