Today in 3 minutes or less:

1. Zscaler Announces Q3 Fiscal 2024 Financial Results ($ZS)

2. Intuit Mailchimp Unveils AI-Powered Revenue Intelligence and Expands SMS in the UK ($INTU)

3. Interview of the day: AI is becoming 'a business imperative,' Autodesk CEO says ($ADSK)

4. ESG Screener: Celebrating Over 100 Million Meals Delivered with Project (DASH)

1. Zscaler Announces Q3 Fiscal 2024 Financial Results ($ZS)

Zscaler reports strong Q3 2024 performance driven by increased demand for Zero Trust security.

• Revenue: $553.2 million, up 32% YoY.

• Calculated Billings: $628.0 million, up 30% YoY.

• Deferred Revenue: $1.577 billion, up 34% YoY.

• GAAP Net Income: $19.1 million (vs. a GAAP net loss of $46.0 million YoY).

Company Guidance for Q4 and FY 2024:

• Q4 2024:

  • Revenue: $565 million to $567 million.

  • Non-GAAP Income from Operations: $107 million to $109 million.

  • Non-GAAP EPS: $0.69 to $0.70.

• FY 2024:

  • Revenue: $2.140 billion to $2.142 billion.

  • Calculated Billings: $2.603 billion to $2.606 billion.

  • Non-GAAP Income from Operations: $422 million to $424 million.

  • Non-GAAP EPS: $2.99 to $3.01.

Source: Zscaler, Inc., Morningstar, Inc.

2. Intuit Mailchimp Unveils AI-Powered Revenue Intelligence and Expands SMS in the UK ($INTU)

• AI-driven revenue intelligence to optimize marketing and boost revenue.

• Leverages QuickBooks data to identify and capitalize on missed opportunities.

• Predictive models to target customer segments and encourage repeat purchases.

• Expands SMS marketing tools to the UK, following successful US launch.

Source: Intuit Inc. 

3. Interview of the day: AI is becoming 'a business imperative,' Autodesk CEO says ($ADSK)

4. ESG Screener: Celebrating Over 100 Million Meals Delivered with Project (DASH)

DoorDash has reached a milestone, delivering over 100 million meals through Project DASH.

• Delivered over 100 million meals via 6 million deliveries since 2018.

• 63 million meals delivered to high SNAP-receiving census tracts.

• 27 million meals delivered to food deserts, rural areas, and senior-heavy tracts.

• 49 million meals delivered to areas with higher disability rates.

Project DASH continues breaking barriers to food access, reaching those in need.

Source: DoorDash

Short updates on your favorite stocks & markets

• Bezos' Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion Pentagon rocket program. CNBC

• China’s currency is not as influential as once imagined. TE

• UK economy fails to grow during wet April. BBC

• Stellantis to shift some Chinese EV production to Europe. FT

• Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package. CNBC

• Fiera CEO Says Bank of Canada Has Clear Path to 3% Interest Rate - Bloomberg

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