Zscaler, GitLab, Healthequity, and More Set to Report Earnings Tuesday

High Expectations for Tech Companies Amidst Market Volatility

Several tech companies, including Zscaler, GitLab, and Healthequity, are scheduled to report their quarterly earnings on Tuesday, August 8th. These companies have experienced strong growth in recent years and are expected to continue performing well.

Zscaler is a cloud-based cybersecurity company that provides a secure platform for businesses to access the internet. The company has been growing rapidly as more businesses move their operations to the cloud. Analysts expect Zscaler to report strong revenue growth and earnings per share that exceed estimates.

GitLab is a provider of DevOps software that helps businesses automate their software development process. The company has been gaining market share in recent years and is expected to continue growing rapidly. Analysts expect GitLab to report strong revenue growth and a narrowing of its losses.

Healthequity is a provider of health savings accounts and other financial services for healthcare consumers. The company has been benefiting from the rising popularity of HSAs and is expected to report strong revenue growth. Analysts expect Healthequity to report earnings per share that exceed estimates.

Investors will be watching closely to see if these companies can meet or exceed expectations. If they do, it could provide a boost to the tech sector, which has been struggling in recent months.

Earnings Expectations

• Zscaler: Revenue of $303 million, EPS of $0.23
• GitLab: Revenue of $103 million, EPS of -$0.11
• Healthequity: Revenue of $127 million, EPS of $0.68

Factors to Watch

• Cloud computing growth
• DevOps adoption
• Popularity of HSAs

Conclusion

The earnings reports from Zscaler, GitLab, and Healthequity will provide investors with insights into the health of the tech sector. If these companies can meet or exceed expectations, it could provide a boost to the sector and help to ease investor concerns.