Palo Alto tops revenue and profit estimates on steady cybersecurity demand

By Yahoo! Finance   |   1 year ago
Palo Alto tops revenue and profit estimates on steady cybersecurity demand

Palo Alto Networks exceeded revenue and profit expectations in Q1 due to high demand for cybersecurity services. Despite a 5% drop in shares, the company announced a stock split and raised its fiscal 2025 revenue outlook. They focus on platformization for better security management.

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