Palo Alto Networks Q1 Earnings: Revenue Beat, EPS Beat, 2-For-1 Stock Split, 'Multiyear' Platformization Trend For Security, AI

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Next-generation security annual recurring revenue increased 40% year-over-year to $4.5 billion.“Our Q1 results reinforced our conviction in our differentiated platformization strategy,” said Nikesh Arora, chairman and CEO of Palo Alto Networks.“We see a growing ...

Q1 Earnings: Palo Alto reported first-quarter revenue of $2.14 billion, beating the consensus estimate of $2.12 billion.

Palo Alto Networks Inc (NASDAQ:PANW) reported financial results for the first quarter of fiscal 2025 after the bell on Wednesday.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: PANW Earnings Guidance Movers AI News Tech Why it's moving Artificial intelligence Benzinga Cybersecurity After-Hours Center

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 21:31:15 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23725045

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