ZS Stock Drops in After-Hours Trading as Q4 Revenue Forecast and Cash-Flow Margin Reductions Weaken Investor Confidence
Zscaler’s Earnings Report and Future Outlook In the third quarter, Zscaler’s sales increased by 25% compared to the previous year, totaling $850.5 million, which was above expectations. The company reported adjusted earnings per share of $1.08, up from $0.84 a year ago, also beating forecasts. According to Koyfin, 40 out of 48 analysts have labeled […]
JPMorgan’s AI-driven cashflow tool slashes manual work by 90%
JPMorgan uses cash flow management software powered by artificial intelligence that has reportedly reduced manual work by almost 90% for some corporate clients. The AI tool, called Cash Flow Intelligence, was launched last year to help corporate finance departments analyze and predict cash flow, according to Bloomberg. Tony Wimmer, head of data and analytics for […]