Unlocking Long-Term Value: Zscaler and Workiva Investment Opportunities
Thursday, 28 March 2024, 09:27
Zscaler
Zscaler stock is down 8% in 2024, but its cybersecurity technology continues to drive value by combatting evolving threats. Serving a wide range of businesses, Zscaler forecasts aggressive revenue growth and remains a strong contender in the cybersecurity field.
Key Points:
- Cybersecurity Innovation: Zscaler's Zero Trust technology secures critical digital assets by analyzing user credentials and device information.
- Revenue Growth: Zscaler recorded a 35% increase in revenue during Q2 2024, with a promising outlook for future expansion.
Workiva
Facing a disruptive market, Workiva's data aggregation platform emerges as a solution for efficient reporting and compliance. With a strategic focus on ESG reporting, Workiva anticipates thriving in an evolving regulatory landscape.
Key Points:
- Data Aggregation Excellence: Workiva streamlines data compilation across diverse applications to create a unified reporting platform.
- ESG Reporting Growth: Workiva's entry into the ESG reporting sector aligns with increasing regulatory demands, offering substantial growth potential in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.