Reported about 2 months ago
Palo Alto Networks projected fiscal 2025 revenue and profit above Wall Street estimates due to increasing demand for its cybersecurity solutions, following a surge in digital threats. The company anticipates annual revenue between $9.10 billion and $9.15 billion and adjusted profit per share of $6.18 to $6.31. Its fourth quarter revenue rose 12% year-over-year, reaching $2.19 billion, surpassing analyst expectations.
Source: YAHOO