Zscaler Inc (ZS) Presents at Nasdaq 47th Investor Conference (Transcript)

Dec. 06, 2022 10:46 AM ETZscaler, Inc. (ZS) StockZS
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Q1: 2022-12-01 Earnings Summary

EPS of $0.29 beats by $0.03
 | Revenue of $355.55M (54.24% Y/Y) beats by $14.78M

Zscaler Inc (NASDAQ:ZS) Nasdaq 47th Investor Conference December 6, 2022 4:30 AM ET

Company Participants

Jay Chaudhry - CEO
Remo Canessa - CFO

Conference Call Participants

Hamza Fodderwala - Morgan Stanley

Hamza Fodderwala

Okay. I guess we'll get started. Apologies for the delay. Good morning, everybody. And this morning, we're really delighted to have the team from Zscaler. We have Jay Chaudhry, the Founder and CEO of Zscaler; and Remo Canessa, CFO. Gentlemen, thank you so much for joining us.

Before I begin, just a brief disclosure. For important disclosures, please see the Morgan Stanley Research disclosure website, www.morganstanley.com/researchdisclosures. With that, we'll kick it off. Jay, I think you had a brief presentation you wanted to share before we go into the Q&A.

Jay Chaudhry

That is correct. If I could get the clicker. Thank you. Good morning. Good morning. All right. You need some coffee or tea maybe. All right. So I want to set the stage in terms of why we think security and networking needs to done differently that and it has been done for the past 30 years.

Technology changes all the time, but it's all incremental. Disruptive architectural changes happen every 20 to 30 years. And the network architecture that security is built on was invented in late '80s and early '90s, when industry agreed upon what's known as IP, TCP, IPBS network. So you could simply buy Cisco routers and extend your data center to any branch office. You go to the branch office, you get on the network. You could laterally move, find applications and use them. Life was wonderful. The biggest breakthrough in networking and distributed computing technology. Then market invented VPN. So you could be sitting at home. You're logically in the office. You could do everything you're doing, sitting in Moscow that you do in the office. That's what VPN does for you. Wonderful.

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