Palo Alto Networks Stock News

Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) shares moved higher after Monday's closing bell as the cybersecurity firm's outlook impressed and its latest results topped Wall Street estimates. For fiscal 2025, earnings per share (EPS) are expected to be in the range of $6.18 to $6.31, up 9% to 11% from fiscal 2024 and compared to estimates of $6.20.

Shares of Palo Alto Networks Inc. were rising 3% in Monday's after-hours action as the company's upbeat earnings report offered some relief following a dramatic stretch for the cybersecurity market.

Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing demand for its comprehensive cybersecurity offerings as digital threat landscape evolves.

Fiscal fourth quarter revenue grew 12% year over year to $2.2 billion. Fiscal year 2024 revenue grew 16% year over year to $8.0 billion.

UPDATE—Aug. 19, 2024: This article has been updated to reflect more recent analyst estimates and share price information.

HOUSTON & SANTA CLARA, Calif.--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) and global cybersecurity leader Palo Alto Networks (NASDAQ: PANW) today announced they are expanding their collaboration to strengthen cybersecurity for the energy sector. The companies will combine SLB's cloud and edge technologies and domain expertise in the energy industry with Palo Alto Networks...

Digital transformation in the energy industry continues to drive comprehensive cybersecurity solutions in the face of growing cyber threats HOUSTON and SANTA CLARA, Calif. , Aug. 19, 2024 /PRNewswire/ -- Global energy technology company SLB (NYSE: SLB) and global cybersecurity leader Palo Alto Networks (NASDAQ: PANW) today announced they are expanding their collaboration to strengthen cybersecu...

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