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Nico Arora, CEO of Palo Alto Networks, watches while closing the bell on the NASDAQ market in New York on March 25, 2025.
Jeenah Moon | Reuters
Palo Alto Networks It was reported higher than expected, quarterly results and issued optimistic recommendations for the current period. The cybersecurity software seller said Nir Zuk, who founded the company in 2005, leaves the role of technology director.
Reserves increased by approximately 5% in advanced trade.
Here’s how the company did compared to LSEG’s estimates:
- Profit: 95 cents adjusted against 88 cents expected
- Income: 2.54 billion dollars are expected against $ 2.5 billion.
The financial fourth quarter revenue increased by 16% of approximately $ 2.2 billion last year, the company in A is in A at A statement. Net income decreased to approximately $ 254 million, or 36 cents per share, with approximately $ 358, or $ 51 per share.
The company also made optimistic guidelines for the financial first quarter. Profit for the share will be of 88 cents and 90 cents, Palata said, heading 85 cents from the street.
Over the whole year, half Alta said the profit from $ 10.48 to $ 10.53 billion when adjusted by $ 3.75 to $ 3.85 per share. Both estimates exceeded Wall Rate forecasts.
Palo Alto stated that for the first quarter in the financial quarter, the reservations of buyer, which track the lag, would amount to $ 15.4 billion and $ 15.5 billion, exceeding $ 15.07 billion.
Last month company Announced plans to buy Cyberark Israeli Identity Provider for $ 25 billion. This is the biggest transaction, which is half Alta since its founding, and the most ambitious in the acquisition of Spree, which intensified after the 2018 CEO Nico Arora took the jurus of the company.
The shares were dramatically sold after the news broke and had not yet restored the previous highs. This year the shares decreased by about 3%.
“We are looking for great products, a command that can execute in the product and we allow them to manage,” – Arora said CNBC After the announcement. “It will be another problem, but we did well 24 times, so I am sure our team can handle it.”
Lee Klorich, the head of the company’s product, will replace the tin as a technical action and fill out his position on the board.
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