CrowdStrike and Zscaler, cloud-native cybersecurity firms, reported strong Q results, exceeding analysts' expectations.
CrowdStrike (CRWD 2.54%) and Zscaler (ZS 1.15%) posted strong Q reports, exceeding analysts' expectations. CrowdStrike's stock has soared 120% in 12 months, vs Zscaler's 20%. Both are cloud-native cybersecurity firms, offering lightweight, scalable services without on-site maintenance. CrowdStrike's Falcon platform focuses on endpoint security for external threats, while Zscaler offers "zero-trust" services. Both have subscription-based models.
June 09, 2024
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