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New Relic (NYSE:NEWR) was upgraded by analysts at DA Davidson from a "neutral" rating to a "buy" rating. They now have a $105.00 price target on the stock. They noted that the move was a valuation call.
Zscaler Extends Cloud DLP Service with Inline Exact Data Match for Massive Data Sets Covering Users Globally ir.zscaler.com Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced inline Exact Data Match (EDM) with native SSL inspection as part of its advanced Cloud Data Loss Prevention (DLP) service. The inline EDM capability extends the Zscaler™ cloud platform to protect against the loss of sensitive information across all users and branches with more precision while reducing the number of false positives to near zero. This service is provided in the Zscaler cloud, providing the capacity of one billion data points per customer across 100 data centers globally.
Traditional DLP appliances that sit in the data center are expensive and resource-intensive, and their protection can be subpar, often failing to alert an organization until after data has been compromised. Zscaler’s inline EDM with native SSL inspection blocks sensitive information before it leaves the network. In the first half of 2018, the Zscaler cloud platform blocked an average of 800,000 SSL-encrypted transactions per day containing advanced threats. Zscaler EDM with native SSL inspection and policy enforcement secures all application and user traffic, providing enhanced security and a business advantage.
“IT organizations need better visibility into potential risks of data leakage with granular control and actionable outcomes,” said Steve House, Vice President of Product Management, Zscaler. “With the addition of EDM, our customers, in real time, can more precisely identify and protect sensitive information that could potentially leave their network — keeping the good things in, and the bad things out.”
Zscaler Corporate Presentation Securing your IT Transformation to the Cloud Corporate Presentation, September 2018 ir.zscaler.com
Canada Goose Reports Results for Second Quarter Fiscal Year 2019 finance.yahoo.com “Continuing the momentum of the first quarter, the results we delivered in the second quarter are exceptional. With such an outstanding first half of the fiscal year, we are in a strong position ahead of our peak selling season,” said Dani Reiss, President & CEO. “Our wholesale growth and DTC sales productivity further accelerated, which more than offset strategic growth investments that will carry us into the future, including opening a third manufacturing facility in Winnipeg, the build-out of our Greater China business, and the commercial launch of our DTC channel in that market.”
Okta, Inc. (OKTA) CEO Todd McKinnon on Q3 2019 Results - Earnings Call Transcript Dec. 5, 2018 seekingalpha.com Our third fiscal quarter was another outstanding quarter for Okta with total revenue and calculated billings both up 58% year-over-year. We continued to invest across our business, while improving our bottom line. Operating margin improved over 22 points and free cash flow margin improved more than 18 points year-over-year, making us free cash flow positive for the first time. We also had a record quarter in terms of customer growth. We added over 450 new customers in Q3, bringing our total to over 5,600 customers. Even more exciting is the momentum with our largest customers.
We saw 55% growth in customers with over $100,000 in annual recurring revenue, which represents a record 100 net new adds in a quarter. This momentum is an indicator that identity is an increasingly strategic imperative for organizations in every industry and validates Okta’s approach to helping organizations manage all their identities through our independent cloud platform. As a reminder, we address two markets, workforce identity, the identities of employees, contractors and partners; and customer identity, the identities of our customers’ customers.
Zuora is a top pick for 2019, says Needham marketwatch.com "We believe the combination of end-market growth, strong competitive positioning, conservative estimates, and valuation create an entry point that has been historically attractive to similar growth SaaS peers,"